* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, July 6, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Magicians and Battlebots light up Las Vegas entertainment scene – KSNV

    Magicians and Battlebots Take Las Vegas Entertainment by Storm

    Max-Matching Entertainments & Longhua District form partnership for new entertainment complex – Blooloop

    Max-Matching Entertainments and Longhua District Unite to Launch Thrilling New Entertainment Complex

    Kennedy Publishing, MGA Entertainment Launch Yummiland Magazine – License Global

    Kennedy Publishing, MGA Entertainment Launch Yummiland Magazine – License Global

    MAY HER SOUL REST IN PEACE 🙏 Veteran entertainment columnist and talent manager Lolit Solis has passed away. She was 78 years old. https://tinyurl.com/6kumarkx | LatestChika.com – Facebook

    Beloved Entertainment Icon Lolit Solis Passes Away at 78 – A Life Remembered with Love and Respect 🙏

    Neil Young Plays Rare Full-Band ‘Ambulance Blues’ With The Chrome Hearts – Yahoo

    Neil Young Stuns Fans with Rare Full-Band Performance of ‘Ambulance Blues’ Alongside The Chrome Hearts

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Column: Teach kupuna new technology skills – Honolulu Star-Advertiser

    Empowering Kupuna: Unlocking New Technology Skills for a Connected Future

    EIFO invests $5 million in D3, the Ukraine-focused defence technology venture fund – sUAS News

    EIFO Pledges $5 Million to Supercharge Ukraine-Focused Defense Technology Fund

    New Technology for Water Efficiency and Working with Mexico on Screwworm – AG INFORMATION NETWORK OF THE WEST

    Revolutionary Water Efficiency Technology and Cross-Border Collaboration to Defeat Screwworm

    Environmental cognitive distance, R&D capability distance, and supply chain green technology innovation – Nature

    Bridging Gaps: How Environmental and R&D Differences Drive Green Technology Innovation in Supply Chains

    LG Innotek CEO Moon Hyuksoo: “Our Next-gen Substrate Technology Will Change the Industry Paradigm” – TechPowerUp

    LG Innotek CEO Moon Hyuksoo: “Our Next-Gen Substrate Technology Will Revolutionize the Industry” Revolutionizing the Future: LG Innotek’s CEO Unveils Game-Changing Next-Gen Substrate Technology

    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Magicians and Battlebots light up Las Vegas entertainment scene – KSNV

    Magicians and Battlebots Take Las Vegas Entertainment by Storm

    Max-Matching Entertainments & Longhua District form partnership for new entertainment complex – Blooloop

    Max-Matching Entertainments and Longhua District Unite to Launch Thrilling New Entertainment Complex

    Kennedy Publishing, MGA Entertainment Launch Yummiland Magazine – License Global

    Kennedy Publishing, MGA Entertainment Launch Yummiland Magazine – License Global

    MAY HER SOUL REST IN PEACE 🙏 Veteran entertainment columnist and talent manager Lolit Solis has passed away. She was 78 years old. https://tinyurl.com/6kumarkx | LatestChika.com – Facebook

    Beloved Entertainment Icon Lolit Solis Passes Away at 78 – A Life Remembered with Love and Respect 🙏

    Neil Young Plays Rare Full-Band ‘Ambulance Blues’ With The Chrome Hearts – Yahoo

    Neil Young Stuns Fans with Rare Full-Band Performance of ‘Ambulance Blues’ Alongside The Chrome Hearts

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Column: Teach kupuna new technology skills – Honolulu Star-Advertiser

    Empowering Kupuna: Unlocking New Technology Skills for a Connected Future

    EIFO invests $5 million in D3, the Ukraine-focused defence technology venture fund – sUAS News

    EIFO Pledges $5 Million to Supercharge Ukraine-Focused Defense Technology Fund

    New Technology for Water Efficiency and Working with Mexico on Screwworm – AG INFORMATION NETWORK OF THE WEST

    Revolutionary Water Efficiency Technology and Cross-Border Collaboration to Defeat Screwworm

    Environmental cognitive distance, R&D capability distance, and supply chain green technology innovation – Nature

    Bridging Gaps: How Environmental and R&D Differences Drive Green Technology Innovation in Supply Chains

    LG Innotek CEO Moon Hyuksoo: “Our Next-gen Substrate Technology Will Change the Industry Paradigm” – TechPowerUp

    LG Innotek CEO Moon Hyuksoo: “Our Next-Gen Substrate Technology Will Revolutionize the Industry” Revolutionizing the Future: LG Innotek’s CEO Unveils Game-Changing Next-Gen Substrate Technology

    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Should You Use Multiple Cryptocurrency Wallets?

November 27, 2023
in Business
Should You Use Multiple Cryptocurrency Wallets?
Share on FacebookShare on Twitter

As more people enter the cryptocurrency ecosystem than ever, it’s important to rehash a few common concerns about keeping cryptocurrency safe. 

Cryptocurrency holders at any side of the crypto knowledge spectrum hold crypto security near and dear to their interests, often leading them to wonder– should you have multiple cryptocurrency wallets, or even use a dedicated cryptocurrency wallet for each digital asset?

For starters, diversifying your assets over multiple wallets is a sound way to minimize all the metaphoric cracking of all your eggs in one basket. But, it also means taking adequate precuations for each individual wallet, which can get cumbersome.

Cryptocurrency Wallets: Do You Need a Cold Wallet?

The average cryptocurrency user can likely go their entire lives without using an alt-coin wallet. However, those with significant amounts in a single digital asset like Litecoin or Ripple may find some value in keeping them safe in their own wallet, just as they would with Bitcoin. 

While most modern exchanges do a great job at keeping cryptocurrency funds safe compared to their predecessors, they’re still some of the largest targets for hackers. 

The concept of security diversification is to spread your holdings over multiple different wallets to reduce the probability of a hacker finagling their way into the lion’s share of your digital asset wealth on one account. 

So, in theory, let’s say you’re planning to hold Bitcoin, Ethereum, NEO, and Ripple long-term. 

The lion’s share is in Bitcoin and Ethereum, and you don’t plan on selling and want to minimize as much risk as possible, so you throw them on a hardware wallet like a Ledger Nano S or Trezor.

Next, they may choose to use a NEO-specific wallet, designed to make staking NEO for NEO Gas a seamless process. 

Now, let’s say you want to keep Ripple within market reach, as its regulatory status has been a bit turbulent. Ripple holders may elect to keep their funds on any multi-currency wallet that supports XRP despite its recent unlisting by popular exchanges. To get faster and easier access to your XRP, you’d likely want to keep them on an exchange or another software wallet. 

For example, StormGain pays 10% APY on any cryptocurrency users hold with them, including Ripple. 

This way you’ve effectively kept your Bitcoin and Ethereum away from prying digital hands, but are still utilizing a portion of your assets to generate a return, regardless of market volatility. 

Alt-Coin Wallets: Examples

StormGain is a cryptocurrency wallet provider with a free Ripple wallet. Launched in Jul 2019, the Seychelles-registered StormGain functions as a centralized exchange and cryptocurrency wallet for multiple digital assets. 

Once a user installs the StormGain app, they automatically get a Ripple (XRP) wallet. Although convenient, this isn’t necessarily a unique feature to StormGain– what sets it apart is that it offers a 10% APY on Ripple deposits. This is a unique offering for a wallet-first provider, rather than a cryptocurrency interest account platform. 

While exchanges such as Coinbase are delisting Ripple to stay away from the crosshairs of regulators, there are still independent wallet providers not only capable of storing the XRP, but paying interest on it. 

Users may also enjoy a few other StormGain features:

You can buy cryptocurrency with fiat using Visa and Mastercard, although this feature may only be available in Europe. 
The platform doesn’t require KYC. 
It has a Cloudminer Tool that allows users to mine cryptocurrency directly from the mobile app. 

There are two StormGain features that appeal to our argument of spreading your altcoin holdings.

The first is that StormGain is registered in Seychelles and adheres to a different set of regulations than popular U.S-based exchanges such as Coinbase do. 

While United States exchanges do and should work together with regulators to pave the way for a safe maturation of the cryptocurrency industry, users may find some value in having their individual cryptocurrencies held on international platforms. 

The second feature is that StormGain allows users to earn interest on their digital assets, which is slowly becoming more commonplace in the industry. For the purposes of comparison, 10% on coins such as Ripple is very competitive compared to other cryptocurrency interest account providers. 

So, in theory, one could use something like StormGain as a place to earn passive income on their cryptocurrencies, and another multi-asset wallet like Guarda Wallet to safeguard other funds they’re not currently staking.

Final Thoughts: Should I Use Multiple Cryptocurrency Wallets?

Since a good majority of cryptocurrency wallet providers are free, the decision to use multiple wallets usually comes down to convenience and security. 

Do you want to only have to worry about one wallet, or have your funds spread over 3 exchanges, 4 hot wallets, and 2 cold wallets? 

Do you want your eggs in one basket, or do you want them spread over multiple? 

If the above reasons appeal to you, we recommend testing the waters with small deposits in various hot wallets. If they can earn you some interest in the meantime, all the better. 

Never Miss Another Opportunity! Get hand selected news & info from our Crypto Experts so you can make educated, informed decisions that directly affect your crypto profits. Subscribe to CoinCentral free newsletter now.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : CoinCentral – https://coincentral.com/should-you-use-multiple-cryptocurrency-wallets/?utm_source=rss&utm_medium=rss&utm_campaign=should-you-use-multiple-cryptocurrency-wallets

Tags: businessMultipleShould
Previous Post

How Adyen’s Platform Stands Out in the World of Global Payments

Next Post

How to Use PancakeSwap: Your Recipe to a Sweet Life of CAKE Farming 

Column: Teach kupuna new technology skills – Honolulu Star-Advertiser

Empowering Kupuna: Unlocking New Technology Skills for a Connected Future

July 6, 2025
Ben Shelton’s sister booed by Wimbledon crowd when job revealed – Yahoo Sports

Wimbledon Crowd Booes Ben Shelton’s Sister Following Shocking Job Reveal

July 6, 2025
New book digs into Indigenous cuisine through archaeology, culture, ecology – Gander Newsroom

Unveiling Indigenous Cuisine: Exploring the Rich Tapestry of Archaeology, Culture, and Ecology

July 6, 2025
BANG! James Webb telescope catches stray galaxies in the Bullet Cluster: Space photo of the week – Live Science

BANG! James Webb Telescope Unveils Breathtaking Image of Stray Galaxies in the Bullet Cluster

July 6, 2025
How Do You Teach Computer Science in the A.I. Era? – The New York Times

Unlocking Success: Mastering Computer Science Education in the Age of A.I

July 6, 2025
If you want to be younger looking in 60 days, start practicing these 8 daily habits – VegOut

If you want to be younger looking in 60 days, start practicing these 8 daily habits – VegOut

July 6, 2025
Real Madrid vs Borussia Dortmund 3-2: FIFA Club World Cup – as it happened – Al Jazeera

Real Madrid vs Borussia Dortmund 3-2: FIFA Club World Cup – as it happened – Al Jazeera

July 6, 2025

Israel’s economy can’t survive a long war with Iran – and Trump knows it – Middle East Eye

July 6, 2025
The long-term health risks as extreme heat becomes a new normal – PBS

Uncovering the Silent, Long-Term Health Risks of Life in Extreme Heat

July 6, 2025
Trump Says He Will Start Talks With China on TikTok Deal – The New York Times

Trump Says He Will Start Talks With China on TikTok Deal – The New York Times

July 6, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (707)
  • Economy (732)
  • Entertainment (21,621)
  • General (15,741)
  • Health (9,770)
  • Lifestyle (737)
  • News (22,149)
  • People (733)
  • Politics (741)
  • Science (15,949)
  • Sports (21,232)
  • Technology (15,717)
  • World (713)

Recent News

Column: Teach kupuna new technology skills – Honolulu Star-Advertiser

Empowering Kupuna: Unlocking New Technology Skills for a Connected Future

July 6, 2025
Ben Shelton’s sister booed by Wimbledon crowd when job revealed – Yahoo Sports

Wimbledon Crowd Booes Ben Shelton’s Sister Following Shocking Job Reveal

July 6, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version