5 MUST HAVE Cryptocurrency Wallets for Trading Crypto | 2022

What is goodie, my people? We are back again with another gem. Listen, this is about to be a much-needed video because this is probably one of the questions I get asked the most in all of my DMs and all of my comments. Everything is, what wallets do you suggest? What wallets do you need to be successful in crypto? Today we're gonna get right into it. I'm gonna give you guys 5— yes, 5 different wallets. Why did I do it in one voice? I don't know, but I'm about to give y'all 5 wallets that y'all sort of kind of need, but more so want, and technically do need to be in the crypto space to be successful at trading, compounding, getting passive income, and just having a good time with the crypto space overall. So if you're excited for this video— this video— I'm not going to start this no, no, not being able to talk thing, you know what I'm saying? But if you're excited for this video, smash the like button, make sure to subscribe, and hit the post notification bell because we're dropping gems. Very frequently, and you're gonna want to be notified whenever I drop them. But without further ado, let's just hop right into this. I— y'all know I gotta say it, man, the Patreon has been eating recently. I, I'm thinking about opening up some more billionaire club spots. I don't know yet though, but if you're interested in joining my Patreon, let me know, or being notified whenever I buy crypto, I sell crypto, whenever I'm taking profit on my crypto. If you guys want to know how the heck to use these wallets, you know what I'm saying, sign up for my Patreon. First link's in the description, patreon.com Jewelers, gems. And now let's hop right into this, for real, for real, for real, I guess. All right, so boom, the first one everybody, you have to know about it. This right here, coinbase.com. This is not my favorite exchange, but it is the most user— new user-friendly exchange I can say personally, in my opinion, because it's very simple. They have a website and they also have an app for your phone, Android, iPhone. I hope you have an iPhone. No hate against you Android people, but we hate you. But it does have an app, it does have a website. It's very simple if you're trying to convert money in your bank account to cryptocurrency. You would literally just come in here and you would create an account. Coinbase does take information as far as your Social Security number. It needs to verify your ID with a picture of your passport or an ID, your driver's license, whatever it is. You need your address. So it is a little kind of restricted in getting in. You just need to go through that whole verification process. Then once you're in there, it's very simple. You'll simply link your bank account or a debit card, and then it would allow you to buy any cryptocurrency that's on Coinbase. One of the things that is very limiting about Coinbase, especially when you're in the space for a while, is the fact that they don't offer a lot of coins. Now you might go to Coinbase and see like 100 tokens on here, but you have to understand, in the world of cryptocurrency, there are thousands and thousands and thousands of different cryptocurrencies, and especially if you're trying to get those low-cap coins, those coins that haven't blown up yet, you're most— likely not going to get them on Coinbase, as Coinbase doesn't really list them until they've blown up. So that is one downside about Coinbase, but I can say a pro about Coinbase is that it is for some— why words just don't work for me sometimes. But a pro about Coinbase is that it is very new user friendly. It's very simple, very straight to the point. And yeah, it's pretty good overall if you're just getting started in the business. But A couple of the wallets I'm gonna show you guys later on are better once you're more experienced and once you're trying to get those real, real, real low-cap coins, the coins that's gonna 10,000x and all that. So Coinbase is the first one, get familiar with it. Now let's hop into the next one, which is personally one of my favorite ones to buy cryptocurrency on. So boom, kucoin.com. KuCoin is that website that I go to whenever I need to buy any cryptocurrency, whether it be a small-cap coin, a big-cap coin, a new an old coin. I love KuCoin simply for the fact that they have a much bigger variety of cryptocurrencies than Coinbase. Keep in mind, they don't have every single coin, but they do have a lot more. And if they don't have it on here, then the next wallet I show you will let you get the coin, but you'll still need to use KuCoin as kind of like the front runner. When I say front runner, a lot of these coins that you're gonna be— that you might be interested in, like a low-cap coin or coin that has the potential to 1000x or 10x or 100x, quickly, you'll need to swap other coins for it. So let's say there's a coin called GREAT and it's on the Ethereum blockchain. You'd simply— my cat is screaming, he hasn't screamed in a while. I thought, I thought he was done with that. Did he stop? But like I was saying, if you want to buy the coin GREAT and it's on the Ethereum blockchain, you would buy Ethereum on KuCoin and then go to a swap, which on the Ethereum blockchain is called Uniswap. You would swap Ethereum for GREAT coin and then you would have GREAT coin. But in the next wallet I go through, that's exactly where I'll get into kind of all those different type of steps. If you guys are not familiar with the different swap or exchanges that you might need to be familiar with on these different blockchains, let me know and I can make a full video about it for you guys if that's something you guys need help with. But KuCoin, like I said, is one of my favorite. It's very simple. You do not have to do any type of Social Security number in there. You don't have to put your— as far as I know, when I had made an account, You don't have to put your Social Security, you don't have to take a picture of your ID, you don't have to do any of that. It does ask you to do it, but technically you really don't have to do it, especially if you're in the US. But yeah, so KuCoin is one that you should definitely get familiar with. It can be a little bit more complicated, especially if you're new with crypto, but it's nothing you cannot figure out. It's very simple if you're just able to like read and write, which I hope most of you can do. But basically how KuCoin works is if you wanna buy any type of cryptocurrency, you would have to buy USDT. And basically how it works, you would go to KuCoin, you'd get your credit card, your bank account, whatever it is. And let's say you want $100 worth of Bitcoin. In order to do that, you would go to KuCoin and you would press the buy button and you would buy $100 worth of USDT. And then you would go into the trade part. If you're on the website, go into trade and you would just type in BTC or Bitcoin. And that would allow you to use that USDT that you just converted your $100 of fiat money to use the USDT to swap it for BTC or any other coin that is on the KuCoin exchange. So like I said, KuCoin is something you're going to want to get familiar with. It is what I use mostly if I'm trying to buy any cryptocurrency, whether I need to swap that cryptocurrency for another one. It's really just if I have money in my bank account and I need to transfer that money to cryptocurrency. So it's a very, very big part of my life and a very big part of any real crypto currency trader's life. But on to the next one, which is probably an even bigger part of any cryptocurrency's life if you're making them big body gains. MetaMask. Now MetaMask is a wallet. It is not an exchange that you could buy any cryptocurrency on. They do allow swaps on it, but the swaps most of the time tend to be very expensive compared to doing it on some of the swaps that I could talk about in another video, like Uniswap, PancakeSwap, Radium, anything like that. So I don't suggest swapping on MetaMask, but they do have that option. But MetaMask is simply just a wallet. That means you cannot send $10,000 worth of real life dollars like this. Well, this isn't $10,000, it's a dollar. But I cannot send this dollar or swipe my credit card and funds go to MetaMask. You would have to buy cryptocurrency on another exchange like KuCoin or Coinbase, then send that cryptocurrency to your MetaMask wallet. And in your MetaMask wallet, that's where you'd be able to go to any of these different websites the swaps or any of this, these dApps or any of these— I said dApps, I call them dApps. I like dApps better. DApps sounds better, flows a little bit better. But go to any of these dApps or any of these websites that you see me talking about in the Wonderland video or the Jade video. That is the wallet that connects to all of these different exchanges or protocols. Most of them connect to MetaMask, but in the next wallet I'm going to show you guys one that you're also going to need if you're on a specific blockchain. But MetaMask can be on the Binance blockchain, it could be on the, um, Avalanche blockchain, Ethereum blockchain, Fantom blockchain. It could be on almost every single blockchain except for the one that I'm going to show you guys in the next part of it. But MetaMask has an app. They don't really have a website. It has to be a Google Chrome extension. You can literally just go to metamask.io and there will be a button for you to press download. I'm sorry if I keep looking to the screen over here. I have a screen right here literally with like all of the different exchanges that I'm going over up on it, so I keep looking over to the side. But like I said, MetaMask is a Google Chrome extension that you could just download, and it'll be able to be integrated into almost every website that you need it to be integrated in when it comes to crypto, as far as buying, staking, swapping, anything like that. So definitely MetaMask is a must. Now I said before that MetaMask does not support a certain network, and that network I was talking about is the Solana network. There are a bunch of different blockchains. There's the Binance blockchain, there's the Fantom Avalanche blockchain, Ethereum blockchain, Solana blockchain, but MetaMask does not support Solana. It supports all the other ones I just mentioned, and there's obviously other blockchains as well. But this next wallet is good and what is what you're gonna need if you're trying to do any type of trades on the Solana network. The wallet is called the Phantom wallet. It is another Google Chrome extension. You would literally just go to phantom.app and in the top right corner of it, they have a download button or add to Chrome button. You would just click that and it would add it to your Google Chrome. And then from there, you would be able to interact with any of these Phantom dApps, or sorry, any of these Solana dApps, just like you would use it in MetaMask. So the next and final wallet I'm going to go over is something that can be earning you some great passive income on top of you just holding cryptocurrencies. A lot of people that I know personally, if you're not active in the cryptocurrency scene, if you know about cryptocurrency, you might have some cryptocurrency, but you don't really trade it around. You kind of just let it sit. You probably have $100,000 worth of Ethereum sitting in your wallet, but you're not doing nothing with it. There is another wallet that can earn you a percentage on top of the percentage of the gains that you get from the price going up and down. And this app is called Celsius. I've made multiple videos about Celsius. I also have a link inside my description. If you sign up and deposit $400, if you deposit $400, you'll get $40 right into your Celsius account. But basically what Celsius is, just imagine it just like Coinbase or just like KuCoin. It's just a wallet where you can store your cryptocurrency in. You can't buy cryptocurrency directly from Celsius, but if you buy it on Coinbase or KuCoin or any other place and send it to Celsius, they will send— they will, just for keeping your money inside their wallet, they will give you an additional amount of percentage. The percentages can vary up and down depending on which cryptocurrency is, or which cryptocurrency it is. So let's say if I send Bitcoin in there, they would pay me an additional 6% every single year just for holding my Bitcoin in there., which that can then be used to either withdraw out or compound back into your wallet. So what that means is you could be doing the exact same thing, holding Ethereum inside of your Coinbase, but instead you're sending it over to Celsius. And let's say Ethereum goes up $500 in the year, you made an additional $500 off of your investment. But because you're holding inside Celsius, they're paying you an additional 6% of your entire crypto wallet or your entire Ethereum wallet just because you're holding it inside their app. So this is another great source of passive income you can be earning on the side. Like I said, if you put $100,000 in there, you can really put any— there's no minimum amount you have to put in there. But if you put in $100,000 just for numbers-wise, they're paying out, let's say, 6% annually every single year. That means you're earning an additional $6,000 on top of everything you earn from the price going up down. So that extra $6,000 could be put right into you giving Josiah $6,000 because he put you onto Celsius. But that is the end of the video. Hope you guys did enjoy it. Hopefully this is able to break down, give you guys kind of like a insight on the different wallets you guys should definitely be getting yourself acquainted with. Like I said, you can literally just google any of these there that I put the websites also on the screen as well as we went through it. So go to their websites. Make sure you're on the right website as well because there are some scam websites, but definitely get acquainted with these apps as if you're really trying to get in the crypto space. If you're even just trying to get started in crypto, you're definitely going to want to be familiar with these different apps. Let me know if you guys have any questions in the comments down below and I would be happy to answer them as long as they're not Josiah, Please send me $100,000 because it's not happening. It's not. I'm telling you right now I'm not going to do that. Do I look like Bill Gates to you? I know I do, but I'm still not doing it, you know what I'm saying? But that's the end of the video. If you guys enjoyed it, make sure you like right now. Hopefully you got something out of it. If you did, smash the subscribe button and turn on post notifications because I'm dropping straight gems, you know what I'm saying? Straight gems are being dropped and you're gonna want to be notified whenever I drop them. But, um, yeah, that's about it. If you have any questions, like I said, comment down below. If you want to take a step further and know every single coin I'm holding, know every single coin I'm watching, know when I'm about to buy a coin or take profit on a coin, sign up for my Patreon. If not, you still get these free gems on YouTube, so don't even stress it. But, um, yeah, make sure you follow me on Twitter too, @juver_. I'll be tweeting about crypto stuff. And just follow me on Twitter, I'm lit on there, you know what I'm saying? But good luck on your trades, good luck on your crypto, good luck on your business, good luck on your retirement, good luck on what else you need. Just good luck on life as a whole, man. I'm gonna see you on the next video.