Some people may not understand the image of how to manage virtual currencies. The existence of an app is indispensable for the smooth progress of transactions in virtual currencies, which are currencies that have no real life.
Since the price of the virtual currency fluctuates greatly, it is important to have an environment where you can easily trade at any time. Being able to cope with sudden market fluctuations will minimize losses and increase the possibility of catching the uptrend in the market.
Therefore, in this article, we will introduce the recommended apps and their features for trading virtual currency Ethereum (ETH).
Coin check app easy for beginners to handle
As of 2019, there is a number of virtual currency exchange companies registered with the Financial Services Agency, but among them, the coin check application is highly evaluated as easy to use.
Coincheck is known to have a large number of altcoins such as Ethereum among domestic virtual currency traders. There are several charts that you can check, and you can also check the Ethereum chart.
Some people are using the coin check app to see the chart of the altcoin and the latest price fluctuation with the widget function, so it is an easy-to-use app.
In order to use all the features of the coin check app, you need to open an account on the exchange. If you open an account, you can use all the functions of the exchange and you can buy and sell virtual currency and send money.
The coin check app has a reputation for its easy-to-read and intuitively designed design that can satisfy virtual currency beginners to advanced users. If you want to start using Ethereum, then you must have proper knowledge of it. To get detail about the Ethereum profit revolution website.
Wallets and apps that can store Ethereum/ETH
There are several wallets that can store Ethereum.
Classic My Ether Wallet
First of all, the standard wallet that can manage Ethereum Classic and tokens based on Ethereum is My Ether Wallet. However, My Ether Wallet is basically a wallet that can be used on a computer or used as a paper wallet. A paper wallet can be kept separate from the Internet to store private keys, but if not, it will be connected to the Internet and you need to be aware of the risk of theft such as hacking.
You can also use My Ether Wallet from a smartphone, but since it is not a wallet that is fully mobile compatible, it may not be available or may be difficult to use depending on the OS type.
In addition, Wei Wallet provided by Popshoot Co., Ltd. was released in May 2018 as a wallet for managing Ethereum on smartphones.
The operation of Wei Wallet is very simple and the private key is not stored on the server, so the risk of leaking the private key should be reduced even if the server is hacked. Wei Wallet, which is developed by open-source, is characterized by open management of security, bug fixes, and requests.
As a wallet application that supports Ethereum (ETH) and ERC20 tokens, there is also a smartphone application called Token Pocket provided by Token Pocket Co., Ltd. They provide services for both iOS and Android. Not only can you see how much Ethereum tokens you own, but you can also quickly check the total amount of assets of other tokens. As of the end of March 2019, the supported decentralized platforms are Crypto Kitties, ForkDelta, and Rarebits.
The official website states that we plan to support various distributed platforms in the future.
Let’s choose the Ethereum (ETH) app according to the trading style
There are various apps for Ethereum.
As the development of smartphone applications is progressing, you can see that the convenience has improved significantly compared to a few years ago. Choose which wallet to use according to your security and trading style.
Also, if the number of assets you own increases; you may want to consider using it not only with smartphone apps such as coin check apps but also with hardware wallets.