Having a safe Bitcoin wallet is the most important detail of being a cryptocurrency holder. You should be aware that a number of online Bitcoin Wallets are extremely dangerous. This is why most of our recommendations are easy-to-use cold Bitcoin wallets.
1. (Free Online Wallet) FreeBitcoins.com – FreeBitcoins offers a free Bitcoin wallet for anyone that signs up on our altcoin exchange. Not only will you receive a free BTC wallet, but you will also to other popular cryptocurrencies such as Clamcoin, Litecoin, Namecoin, Wownero, and others.
2. (Cold Wallet Wallet) Trezor – This is our go-to device for storing cryptocurrency long-term locally. Trezor’s are extremely easy to use and thus far have proven to be a safe device for users to trust. We highly recommend investing in a Trezor if you plan on being a “copy and paste” cryptocurrency user, & don’t desire to learn the guts of cryptocurrency. Trezors cost $60 USD for the base version and $194 for the fancy Model T. I have both… I think the $60 is fine honestly.
Trezor’s can also serve as a U2F (Universal 2nd-Factor) hardware token. This can be used to protect your Google account and other accounts.
3. (Bitcoin’s main wallet) Bitcoin Core – You will need to download and sync this wallet. This wallet makes you an actual part of Bitcoin potentially. It’s big and bulky, but it’s as secure as Bitcoin comes. I prefer the Trezor for my stuff on the go, but Bitcoin Core is likely safer.
Tag: litecoin
Too Long, Didn’t Read; CLAM older than Ethereum (ETH). CLAM just surpassed DOGE price per coin. Big exchange Bittrex, Circle, Poloniex blame CLAM for their problems. CLAM is a proof-of-stake coin, which means CLAMS are like digital miners and secure the network + generate income. CLAM distributed to DOGE, LTC, & BTC hodlers, so CLAM well distributed for free. CLAM supply low (4 million), this can cause illiquidity causing price go high after sellers run out…Insert moon-rocket emoji here.
Back in May of 2019, Poloniex, a United States altcoin exchange, suffered a huge loss across their entire platform due to a flash crash of the CLAM cryptocurrency and uncovered margin calls [4]. Instead of taking responsibility for mishandling users’ funds and downplaying the risk of margin lending, Poloniex’s initial response was to blame the CLAM cryptocurrency for low liquidity. Poloniex had been recently acquired by the US-based cryptocurrency company Circle, who also shifted blame to the previous owners of the site. Circle ended up selling the company to overseas investors to distance themselves from the situation [5]. Circle did end up reimbursing a pittance amount to some users, but many remain uncompensated [6].
Okay, this exchange Poloniex pulled some robin-the-hood level blame-shifting uncovered-margin-calling scam on an obscure coin named CLAM [1]. So WTH is a CLAM? [3] CLAMs were given away to every single crypto wallet that had a balance of Bitcoin, Litecoin, or Dogecoin in 2014 [2] Yes you heard that right, DOGECOIN. So here’s the deal, CLAM has a much lower active supply than ANY of these cryptocurrencies used to forge it (yes, there is less active CLAM than BTC right now). And if any of you were paying attention, not too long ago, apes could buy CLAM cheaper than DOGE—which has a way higher supply. Oh, did I forget to mention CLAM is proof of stake, and users are incentivized to HODL rather than sell? The fundamentals say this coin is going straight to the moon, so better get on before the rocket takes off.
The exchange that has to most liquidity for CLAMs is FreeBitcoins XChange. https://freebitcoins.com/xchange/market/Bitcoin-Clamcoin
[1] – https://coinpaprika.com/coin/clam-clams/
[2] – https://bitcointalk.org/index.php?topic=623147.0
[3] – https://www.youtube.com/watch?v=g6iDZspbRMg&t=652s
[6] – https://www.reddit.com/r/poloniex/comments/gxhzjf/what_happened_to_poloniex_clam_situation/
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Free Cryptocurrency Web Wallet
Did you know that FreeBitcoins.com offers free cryptocurrency web wallets for anyone that registers on our exchange? By simply registering an account on FreeBitcoins you will then be able to generate a cryptocurrency wallet for free. Free Bitcoins currently supports 21 different cryptocurrencies:
42Coin
Bitcoin
Bitcoin Cash
Bitcoins SV
Clamcoin
DASH
Digibyte
Dogecoin
Ethereum
Florincoin
FreeBitcoins Token
Gapcoin
Hive
Litecoin
Mazacoin
Namecoin
Monero
Particl
Qtum
Rhombus
Wownero
ZCash
Users are able to easily deposit and withdraw from their FreeBitcoins wallet without any daily limits. If you deposit 1 Bitcoin, you can withdrawl 1 Bitcoin. No strings attached.
Protect your account with 2fa and other security features. Our security features not only protect you from hackers, but from sneaky-ass friends too!
You can also earn free cryptocurrency from our faucet and those coins will be directly deposited into their account.
Another website that is similar to FreeBitcoins is FreeBitcoin In. They offer web wallets for Bitcoin and a token called “Fun”.