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Wallets management
This pages explains what digital wallets are and the kinds that you can use on Nested
Hiya there!
What is all the fuss about these wallets you might wonder!?
We are obviously not talking about your favorite leather wallet that you've been carrying around for years.
We are talking digital here – digital wallets.
IF YOU ARE NEW TO CRYPTO WE RECOMMEND YOU READING
These new pieces of technology appeared along with the rise of cryptocurrencies.
There are two types of digital wallets:
- 1.Hot wallets
- 2.Cold wallets
Although #2 is well worth writing about, this section is about hot wallets, what they are, how to use them on Nested and which ones do we accept.
Hot wallets are like digital vaults that you own.
It has a unique address and enables you to interact financially with various web3 applications.
You can send, receive or store cryptocurrencies and use them as you wish with the platforms that accept both your wallet and the cryptocurrency you wish to use.
Without getting into too much technical details, this is basically how it works.
Nested accepts 4 different wallets at the moment:
- 1.
- 2.
- 4.
Once you will have created your wallet – whichever that one might be – or if you already have any of the aforementioned ones, head to => Connect wallet to see what you must do next to trade on Nested.
You will also learn how to:
If you are concerned about crypto trading and Nested in general, we invite you to head to our Risks & Security page to read all you need to know.