What is a Cardano wallet
If you're new to crypto, you may be wondering what is a Cardano wallet, how hard it is to get one and do you need to buy anything. Let's find out.
A Cardano wallet is a unique identifier used to receive, access, and store your crypto. It has a unique public address used to receive your crypto; this can be freely shared as it's impossible to access your crypto just with your public address. To access your crypto, you need a private key: this must be kept secret to ensure a secure Cardano wallet.
There are all kinds of crypto wallets to choose from and yes, there are also hardware devices that you can buy. The important thing, however, is that they all work the same: a free Cardano wallet will store your ADA just as well as a hardware wallet.
So how do you pick the best wallet for Cardano? Consider what you need. At Paybis, we've built an online Cardano wallet for people who want ease of use without compromising on security. Sounds good? Read on to find out how to get one!
Opening your Cardano wallet
All you need to get your free ADA wallet is a Paybis profile. Log in or click here to create one – it only takes a few minutes.
The rest is as simple as 1-2-3:
Hit the “Wallets” tab or “Open wallet” button;
Select “Add wallet” from the upper right corner;
Pick “Cardano'' from the dropdown menu.
And that's it – you now have a fully fledged ADA wallet! Now, let's see what you can do with it.
Using your ADA wallet
Of course, the first thing you can do with your wallet is to add some crypto to it. You can click the “Deposit” button to add it from an outside source, or you can buy some ADA right here, at our crypto exchange.
You can also send your ADA to another wallet – there are no additional withdrawal charges and you only have to cover the standard blockchain fees.
If you simply want a safe place to store your crypto – check out our security features! Strong encryption, offline storage, and even insurance up to USD 100 000 make our wallet the safest Cardano wallet out there.
Now you know what is a Cardano wallet and what makes our wallet special. Simple, safe and absolutely free – we hope this is the best Cardano wallet for you! Sign up now to see it for yourself!
