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WELCOME CRYPTO FAM! 👨👩👦👦 HOW-TO EDITION! 🧐
Hello, fam! Crypto Casey, here 👋 and I’m on a mission to improve people’s lives through #crypto education. In this important video we discuss what cryptocurrency #wallets are, how they work, and how to quickly set one up and transfer your crypto step-by-step. We also distinguish between “hot” and “cold” wallets. Let’s jump in!
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TIMESTAMPS 👍
00:00 – Intro
01:25 – What is a Cryptocurrency Wallet?
01:49 – What is Blockchain?
02:22 – Think of Crypto Wallets as Keys to Access Funds
02:48 – How do Cryptocurrency Wallets Work?
03:20 – Your Bank is Like Blockchain
03:35 – Online Banking Apps are Like Crypto Wallets
03:45 – Bank App Login Credentials are Like Private Keys
03:53 – Public Keys are Like Bank Acct Numbers
04:40 – Keep Private Keys Private
05:10 – Summary of Crypto Wallets
05:21 – What are the Different Types of Cryptocurrency Wallets?
05:41 – What is a Hot Cryptocurrency Wallet?
06:00 – Why Keeping Crypto on Exchanges is Dangerous
07:00 – Safest Way to Store Crypto is With Cold Wallets
07:55 – Important Facts About Hardware Wallets
08:52 – How to Setup Your Own Crypto Wallet Step-by-Step
13:40 – How to Transfer Crypto from Exchange to Wallet
16:45 – EUREKA MOMENT! How to Lose All Your Crypto!
18:50 – Conclusion
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WHAT NEXT? 🗺️
Be sure to Subscribe 🔔, turn on Notifications ⏰, Like 👍, and Share 🔗 this video! And then sit back and enjoy an informational binge session watching my other how-to videos on crypto, blockchain & #finance:
See ALL my other videos in one spot! (& subscribe) ► https://bit.ly/Youtube-Casey-21
💬 Full Playlist: “Crypto Guides for Beginners (Start Here!)” ► https://bit.ly/Playlist-Casey-21a
💬 Full Playlist: “Crypto Security Guides (Top Essentials!)” ► https://bit.ly/Playlist-Casey-21b
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TAGS: #crypto #cryptocurrency #bitcoinwallet #ethereumwallet #ledger #coinbase #crypto.com #cryptowallets #hardwarewallets #coldwallets #hotwallets #cryptowalletguide
TOPICS: how to set up a crypto wallet, how to take crypto off exchange, is crypto safe on exchanges, difference between hot and cold wallets, what is a hardware wallet, are crypto wallets safe, are crypto wallets anonymous, can crypto wallets be hacked, can crypto wallets be stolen, how crypto wallets work, how crypto wallets are hacked, what crypto wallets are the best, are crypto wallets free, where are crypto wallets stored, what is the best crypto wallet, benefits of crypto wallets, are crypto wallets necessary, is my crypto in my crypto wallet, what is blockchain.
NOTE: This description contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). Thanks for supporting the channel!
DISCLAIMER: The information contained herein is for informational purposes only and not to be construed as financial, legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
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❤️ Be safe out there.
—Crypto Casey
