crypto wallet is a place where you can securely keep your crypto. There are many different types of crypto wallets, but the most popular ones are hosted wallets, non-custodial wallets, and hardware wallets.
Which one is right for you depends on what you want to do with your crypto and what kind of safety net you want to have.
Hosted wallets
The most popular and easy-to-set-up crypto wallet is a hosted wallet. When you buy crypto using an app like Coinbase, Binance and other else, your crypto is automatically held in a hosted wallet. It’s called hosted because a third party keeps your crypto for you, similar to how a bank keeps your money in a checking or savings account. You may have heard of people “losing their keys” or “losing their USB wallet” but with a hosted wallet you don’t have to worry about any of that.
The main benefit of keeping your crypto in a hosted wallet is if you forget your password, you won’t lose your crypto. A drawback to a hosted wallet is you can’t access everything crypto has to offer. However, that may change as hosted wallets start to support more features.
How to set up a hosted wallet:
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Choose a platform you trust. Your main considerations should be security, ease of use, and compliance with government and financial regulations.
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Create your account. Enter your personal info and choose a secure password. It’s also recommended to use 2-step verification (also called 2FA) for an extra layer of security.
Buy or transfer crypto. Most crypto platforms and exchanges allow you to buy crypto using a bank account or credit card. If you already own crypto, you can also transfer it to your new hosted wallet for safe keeping.
Self-custody wallets
A self-custody wallet, like Trust Wallet or MetaMask, puts you in complete control of your crypto. Non-custodial wallets don’t rely on a third party — or a “custodian” — to keep your crypto safe. While they provide the software necessary to store your crypto, the responsibility of remembering and safeguarding your password falls entirely on you. If you lose or forget your password — often referred to as a “private key” or “seed phrase” — there’s no way to access your crypto. And if someone else discovers your private key, they’ll get full access to your assets.
Why have a non-custodial wallet? In addition to being in full control of the security of your crypto, you can also access more advanced crypto activities like yield farming, staking, lending, borrowing, and more. But if all you want to do is buy, sell, send, and receive crypto, a hosted wallet is the easiest solution.
How to set up a non-custodial wallet:
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Download a wallet app. Popular options include Trust Wallet and MetaMask.
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Create your account. Unlike a hosted wallet, you don’t need to share any personal info to create a non-custodial wallet. Not even an email address.
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Be sure to write down your private key. It’s presented as a random 12-word phrase. Keep it in a secure location. If you lose or forget this 12-word phrase you won’t be able to access your crypto.
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Transfer crypto to your wallet. It’s not always possible to buy crypto using traditional currencies (like US dollars or Euros) with a non-custodial wallet, so you’ll need to transfer crypto into your non-custodial wallet from elsewhere.
Anagata Token is made under Binance Smart Chain Platform, and the token can save in Self Custody Wallet as Metamask, Trust Wallet and Huobi Wallet. And the wallet must be create in the binance smart chain network.
In Below, we make some tutorial about How to create Anagata Wallet and How to import anagata token.
If you don’t have Metamask account yet:
- Download Metamask from Playstore/App store
- Open Metamask Apps and klik get started
- Select the “import Secret Recovery Phrase” option when you set up your wallet.
- Write down your recovery phrase and create new password then click import
If you alredy have Metamask account:
- Open your Metamask wallet
- Click menu, then click on your account
- Choose Import an Account
- Paste your private key string, and then click Import
Add Anagata to your Metamask wallet:
- Click Import Tokens
- Paste Anagata smart contract at Token Address field
- Token Symbol and Token of Precision (Token Decimal) will automatically apears
- then click Import
If you don’t have Trust Wallet yet:
- Download Trust Wallet from Playstore/App store
- Open Trust Wallet Apps and klik I already have a wallet
- Check accept ToC and click continue
- Create PIN to open trust wallet
- Choose Multi-Coin Wallet
- Give your wallet name and paste Recovery Phrase, then click import
- Done
If you alredy have Trust Wallet:
- Open your Trust Wallet apps
- Click Settings, choose Wallets
- Click “+” on right above the screen
- Click I already have a wallet
- Choose Multi-Coin Wallet
- Give your wallet name and paste Recovery Phrase, then click import
- Done
Add Anagata to your Trust Wallet:
- Click search token sign on top right of the screen
- Scroll down and click Add Custom Token
- Change network from ethereum to smart chain
- Paste Anagata smart contract at Contract Address field
- Name: Anagata
- Symbol: AHA
- Decimals: 9
- Click Done
If you don’t have Huobi Wallet yet:
- Download Huobi Wallet from Playstore/App store
- Open Huobi Wallet and Agree the ToC
- Click Wallet tab below and click Add wallet
- Create new security password than click confirm
- Choose Binance Coin
- Choose Impport Wallet, you can use Mnemonic Phrase or Private Key
- Enter your security password, then paste your Mnemonic Phrase or Private Key, click import
- If you asked to syncchronize wallet to other chains, click not now
- Done
If you alredy have Huobi Wallet:
- Open Huobi Wallet and click Wallet tab below
- Click your wallet name on top right of the scrreen and click Add wallet
- Choose Impport Wallet, you can use Mnemonic Phrase or Private Key
- Enter your security password, then paste your Mnemonic Phrase or Private Key, click import
- If you asked to syncchronize wallet to other chains, click not now
- Done
Add Anagata to your Huobi Wallet:
- Huobi Wallet will automaticaly add Anagata Token when you impport your wallet