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Review on Bitcoin Diamond by Troy Quessy

Revainrating 4 out of 5

If you are planning to join a cryptocurrency network, one must have thing is a…

If you are planning to join a cryptocurrency network, one must have thing is a cryptocurrency wallet. This is a digital location that holds your tokens when operating in the market. Before taking a look at the top cryptocurrency wallets for BCD, it is important to demystify the term cryptocurrency wallet.



Pros
  • The unique thing about cryptocurrency clubs is that they operate without the restrictions imposed by the trading exchanges. Once you meet with the prospective seller, it's upon both of you to agree on price and method of payment. You can agree to pay in cash, other cryptos, credit card, or even physical properties such as cars and houses.
Cons
  • The wallets are designed to store three types of codes. One, they store the private keys. This is a unique code that points at the user’s coins in the Bitcoin Diamond network. It is the code that calls your coins to live so that you can make transactions on the Bitcoin Diamond network. As the name suggests, the private keys are private and should never be shared. When you give a third party the keys, it means that you have handed the tokens.

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