Crypto can be complicated. Seed Phrase, Private Key, Transaction Hash? Newcomers can get their heads spinning.
The first step into the blockchain world is to set up a virtual wallet, the so-called wallet. One of the most user-friendly entry points: the browser wallet. Download the plugin, create an account and boom: you’re good to go. The wallet can be integrated directly into websites and also large crypto exchanges, blockchain games and marketplaces, for example for trading in crypto currencies or non-fungible tokens (NFTs).
This way to the BTC-ECHO wallet comparison.
The bridge to the web3
A rarity a year ago, everyday life today: The browser wallet should become the gateway for the Internet of the future, the Web3. The vision: Users regain control of their data and earn money from the digital business models. The concept now inspires millions of users. And more and more platforms are serving the trend. Usage is mostly free.
These options are there
One of the most promising browser wallets comes from Brave. The company was founded in 2016 by Brendan Eich, an internet pioneer and inventor of Mozilla Firefox. The wallet is self-custodial, which means: only the user has access to the data as long as he is in possession of the password. If you change computers or uninstall the app, you can use the Seed Phrase to restore all data. Brave works with different blockchains and also allows trading with NFTs. You get Basic Attention Tokens (BAT) for watching ads. Your own attention can be monetized.
Other prominent representatives are MetaMask and Trust Wallet. They are also self-custodial and work with different blockchains. In all three cases, the registration process and use is particularly beginner-friendly. At the same time, the providers promise a high level of protection against hackers and the like. But if you want to be absolutely secure, you have to use a so-called hardware wallet. It is the Fort Knox of crypto as it does not connect to the internet and thus does not allow outside access. It is therefore rather unsuitable for daily transactions. You can find out more about this here.
If you want to know more about the different crypto wallets: here is the BTC-ECHO platform comparison.
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