There are a lot of wallets and exchnge platform that provides support to a lot of currencies. For example, on binance you can trade even somehting like shib coin
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Yes, those options you mentioned store coins securely and display them via a selected currency for all your digital assets. I use binance cos its very much suitable for me.Coinomi , trust , atomic , coinbase and blockchain wallets support multiple cryptocurrencies where you can store them securely. Huobi Global is another such multi coin wallet.
Yeah the advantage of binance is that we can trade any coin to stablecoin directly , because it is a crypto exchange , but if you store in wallets , you have to send coins to exchange site and then perform exchange where you may lose some funds in fees.Yes, those options you mentioned store coins securely and display them via a selected currency for all your digital assets. I use binance cos its very much suitable for me.
Yes there are lots of wallet that has almost all Crypto currency in one wallet. All you need is one passphrase and you can access all the coin with one coin been in many units. The wallet I like most and I see it as the most secured is coinomi wallet. It is an offline wallet.Are there any cryptocurrency wallets that combine all currency you own into one service? I figure if I start to invest in various cryptocurrencies, I will want to have a wallet that has them all in one place, if possible of course. Are there any wallets that do this? Or do you have to get a wallet for each service you use?
Yes like you rightly pointed out, Trust wallet is good, it accommodates a wider range of coins as opposed to Binance that can only allow for particular type of coins.Trust wallet is good, but there are some other wallet too that allows you to swap your coin. But the easiest way to swap your coin is through binance trading app, you can transfer any type of coin to the app and convert it to any coin of your choice.
Their are coins which Binance doesn't command high fees on. If you're sending out coins using BNB, BUSD, XRP, Tron, LTC, BCH etc. You won't be charged much. You should know that, BNB coin transactions in Binance is simply free.Yeah the advantage of binance is that we can trade any coin to stablecoin directly , because it is a crypto exchange , but if you store in wallets , you have to send coins to exchange site and then perform exchange where you may lose some funds in fees.
Yeah thats true , but the coins like bitcoin , ethereum , ERC20 Usdt charge a lot of fees , sometimes even more than $10 for erc20 USDT , so that time storing in binance and trading is much better than keeping them in wallets.Their are coins which Binance doesn't command high fees on. If you're sending out coins using BNB, BUSD, XRP, Tron, LTC, BCH etc. You won't be charged much. You should know that, BNB coin transactions in Binance is simply free.
I think what you mean by to ask in this thread was is there any platform out there that have all the crypto currency wallet Incase you want to venture into it,of course we have a lot of website that have all the crypto wallet. Just do some research to know the one that is best for you.Are there any cryptocurrency wallets that combine all currency you own into one service? I figure if I start to invest in various cryptocurrencies, I will want to have a wallet that has them all in one place, if possible of course. Are there any wallets that do this? Or do you have to get a wallet for each service you use?
Yes , but the only issue there is minimum trading amount is $10 , so if you have coins below $10 , you cant trade it stablecoins or any other altcoins.With binance, you get to store as many crypto currencies as you like and it is very easy Changing them to other coins like USDT and sell.
Year you're right about trust walletI would say no, that's not possible but I would have to recommend you use trust wallet as they have a multi coin wallet I've been using it for Quite some months and it's been great using it. I love the fact that it lists a lot of coins on itself and it's very easy and safe to use. I can recommend it for anyone to start using.