A Complete Guide To Cryptocurrency Wallets | Shaheer Ahmed | Skillshare

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A Complete Guide To Cryptocurrency Wallets

teacher avatar Shaheer Ahmed, Blockchain Enthusiast

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Taught by industry leaders & working professionals
Topics include illustration, design, photography, and more

Watch this class and thousands more

Get unlimited access to every class
Taught by industry leaders & working professionals
Topics include illustration, design, photography, and more

Lessons in This Class

30 Lessons (1h 43m)
    • 1. Introduction

      1:03
    • 2. What Is A Wallet

      2:05
    • 3. Web Wallets

      1:30
    • 4. Desktop Wallets

      1:31
    • 5. Mobile Wallets

      0:57
    • 6. Hardware Wallets

      2:08
    • 7. Paper Wallets

      1:20
    • 8. What Type Of Wallet To Use

      1:01
    • 9. Metamask and the Binance Smart Chain

      2:52
    • 10. Add Metamask Extension

      2:41
    • 11. Connect Metamask to Binance Smart Chain

      2:40
    • 12. Transfer funds from an exchange

      3:31
    • 13. Connect to Pancakeswap

      2:30
    • 14. Swapping Tokens

      4:12
    • 15. Track Transactions on The Blockchain

      2:55
    • 16. Metamask Features

      2:38
    • 17. Buy Ethereum on the Binance Smart Chain

      7:58
    • 18. Binance Bridge

      5:52
    • 19. Convert to ERC20 Using Binance Part 1

      5:45
    • 20. Convert to ERC20 Using Binance Part 2

      5:50
    • 21. Ethereum Mainnet

      1:29
    • 22. Uniswap Tutorial Part 1

      8:09
    • 23. Uniswap Tutorial Part 2

      5:09
    • 24. Exodus Intro

      1:56
    • 25. Exodus Tutorial

      5:44
    • 26. Trezor

      4:24
    • 27. Install Trust Wallet

      1:57
    • 28. Trust Wallet Features Part 1

      3:53
    • 29. Trust Wallet Features Part 2

      7:29
    • 30. Course Conclusion

      2:13
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About This Class

The most extensive guide on using wallets and their ever growing list of features! Become an expert in storing your crypto securely and optimizing your transactions on the blockchain!

In this course you’ll learn:

  • what a cryptocurrency wallet is

  • what are the different types of wallets

  • explore the different types of wallets in detail

  • the difference between hot and cold wallets

  • what are seed phrases and how to store them

  • what type of wallet is best for you

  • supported cryptocurrencies in different types of wallets

  • transfer fund from an exchange

  • transfer funds to and from wallets

  • how to connect your wallet to decentralized apps

  • how to track transactions on blockchains

  • how to import wallets

  • Convert coins to a different blockchain

  • Blockchain Bridges

Take this course if:

  • you’re just getting started with cryptocurrencies

  • you want to learn about the different types of wallets available

  • you are already use crypto wallets but you wish to explore them in detail

  • you're having problems with connecting your wallets to a different blockchain network

  • you have a cryptocurrency wallet but you’re not sure if it’s the right one for you

  • you need a mentor to guide you through the nitty-gritty of the blockchain (just leave me a message and I'll be there to help! I will also be publishing a lot of other courses on blockchain applications and platforms. )

  • you want to be aware of the advanced tricks crypto traders/hodlers use.

Meet Your Teacher

Teacher Profile Image

Shaheer Ahmed

Blockchain Enthusiast

Teacher

Hello, I'm Shaheer.

a Computer Science enthusiast now working on multiple blockchain projects. 

I spend most of my evenings trading crypto and staying upto date with the latest advancements in decentralized finance.

I'm working on a series of Skillshare classes where I share how-to videos and techniques for interacting with blockchain apps, and perhaps even some classes about how to become an expert in blockchain gaming.

If you'd like to find out more, please do my Skillshare profile, and if you're a fan of my content and you've got ideas for classes that you'd find useful, drop me a message/email and I'll see what I can do.

See full profile

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Transcripts

1. Introduction: Hello, my name is share here and I am a crypto aficionado. I spend my days like Blockchain games, trading cryptocurrencies, and exploring the new technologies that decentralized finance is a rapidly pouring out each day. In this course, I will be guiding you through all the essential information you need to become an expert in handling job crypto assets so that you can take full advantage of all the exciting innovations that the blockchain has made possible in finance. We'll be laying out a lot of fundamentals regarding these wallets, as well as a lot of advanced tips and tricks that you need to know, which will be very helpful if you plan to use these wallets on the daily. We will be going over water wallets actually is the types of wallets. What are some of the popular wallets? Sending and receiving money swapping tokens, gas fees, the whole nine yards. And at the end we will be going over some pointers that you need to remember, which will make the whole process smooth for you. 2. What Is A Wallet: Let's start off this course by defining what a cryptocurrency wallet actually is. A crypto wallet is a tool that you could use to interact with a blockchain network. Crypto wallets don't actually store cryptocurrencies. They provide the tools you need to communicate with a block chain. These wallets can generate the necessary information to send and receive cryptocurrency. Why blockchain transactions? This information consists of a seed trays and an address, among other things, the seed phase gives access to your cryptocurrencies regardless of which one you use. So even if your computer or smartphone gets compromised, you can still access your funds on another device as long as you the corresponding seed phrase. This is because the coins never truly leave the blockchain. They are just transferred from one address to another. Address is an alphanumeric identifier. Such an address is a particular location on the block chain to which coins can be sent to. This means you can share your address with others to receive funds. There are various crypto wallet types, which can be divided into three groups. Software, hardware, and paper wallets, depending on their working mechanisms, that may also be referred to as hot or cold wallets. A hot wallet is any wallet that is connected somehow to the Internet. Cold wallets, on the other hand, have no connection. Internet. The majority of crypto water providers are based on software, which makes the use more convenient than hardware wallet software Wallace include web wallets, mobile wallets, and desktop wallets. Hardware wallets, on the other hand, are the more secure alternative. They consist of separate physical devices, typically USB like. And then we have paper wallets, which consists of a printed out on a piece of paper. The use of paper wallet is now deemed as obsolete and unreliable. Now that we know what it is, Let's discuss the different types of Wallace in further detail. 3. Web Wallets: Web wallets are hot wallets that are always connected to the Internet and can be accessed through different browsers, such as Google Chrome, Firefox, et cetera. You can use web wallets to access block chains through a browser interface without having to download or install anything. This includes both exchange based wallets and other browser-based. Web wallets are sometimes hosted Wallace, where you don't have access to the sea tries and sometimes non hosted wallets where you control the seat rise. However, it is always better for you to use non hosted wallets so that you are in control of your funds. A simple example of a web wallet is storing cryptocurrencies on an exchange. Exchange wallets are typically hosted wallets, so you don't have access to your crypto waters see tries. That also means if the exchange where to get hacked or shut down, you would lose all your assets. This is why you should keep only those cryptocurrencies on an exchange that you are actively trading and move the rest to a hardware wallet or a mobile wallet. Some popular non hosted wallets include my ether wallet and MetaMask. On the other hand, if you're looking for hosted wallets by finance and Coinbase are the two most commonly used exchanges. 4. Desktop Wallets: A desktop one. It is a software you download and execute locally on your computer. Unlike some web-based versions, desktop Wallace give you full control over your keys and funds. When you generate a new desktop wallet, a file called wallet dot DAT will be stored locally on your computer. This file contains the private key information used to access your cryptocurrency addresses. So you should encrypt it with a personal password. If you encrypt your desktop wallet, you will be required to provide your password every time you run the software so that it can read the wallet dot DAT file. If you lose this file or forget your password, you will most likely lose access to your funds. Therefore, it's crucial to backup your wallet dot DAT file and keep it somewhere safe. Alternatively, you can export the corresponding seed flies. By doing so, you will be able to access your funds on other devices in case your computer stops working or becomes accessible. In general, desktop wallets maybe considered safer than most web virgin. But it's crucial to make sure your computer is clean and viruses and malware before setting up and using a cryptocurrency wallet. Currently, there are many desktop wallets available for Bitcoins and other popular cryptocurrencies. Exodus, Bitcoin, coal, and electron are prime examples. 5. Mobile Wallets: Mobile wallets for cryptocurrencies are the most used wallets right now, due to the ease of use, mobile wallets function much like desktop wallets, but are designed specifically as smartphone applications. These are quite convenient as they allow you to send and receive cryptocurrencies through the use of QR codes. As such, mobile wallets are particularly suitable for performing daily transactions and payments, making them a viable option. Spending Bitcoin, BNB, and other cryptocurrencies in the real world. Just like desktops, however, mobile devices are vulnerable to malicious apps and malware infection. So it's recommended that you encrypt your mobile wallet with a password and backup your seed trays in case your smart phone gets lost or broken. So mobile wallets suggestions include trustworthy, safe bell, mycelium, and quinone. 6. Hardware Wallets: How do I wallets, as the name suggests, are hardware devices, specifically the handling seat prices and other essential information. The USB devices with an OLED screen inside buttons to navigate through the interface of the wallet. And they also come with native desktop apps for different cryptocurrencies. You can connect the hardware what it, to a PC or mobile device through a USB safely. Even on an infected device, cryptocurrencies are never stored within the hardware wallet itself. They always live on the blockchain. The hardware wallet merely stores your seed phrase. That's the phrase, opposites lock to your address on the blockchain where assets actually reside. Since the block chain is everywhere, all you need is your hardware wallet to interact with your tokens. Since these wallets are not connected to the Internet, a hardware wallet is a type of cold wallet and is deemed as one of the most secure alternative. While these wallets offer higher levels of security against online attacks, they may present risks if the firmware implementation is not done properly. And also, hardware wallets tend to be less user-friendly and the funds are more difficult to access when compared to hot wallets. To overcome the lack of accessibility somewhere voltage service providers and how, how do I want it to be connected to the web wallets browser interface. This is a secure way of accessing your buns because the seed tries never leaves your device and you enjoy all the benefits of web wallets simultaneously, you should consider using a hardware wallet if you plan to hold your crypto for a long time, or if you're holding large amounts of cryptocurrency. Currently, most hardware wallets allow you to set up a PIN code to protect your device, as well as a recovery phrase which can be used in case your wallet is lost. A hardware device typically costs between 40 and 400 is, but it is definitely worth owning to ensure the safety of your crypto currencies. Some reliable hardware wallets include ledger nano EX login and our S trestle Model T, cobalt, and safe bell hardware wallet. 7. Paper Wallets: A paper wallet is a piece of paper on which your crypto address and other information are physically printed out in the form of QR codes. These codes can then be scanned to execute crypto currency transactions. Some people wanted websites allow you to download their code to generate new addresses and keys are being offline. These wallets are highly resistant to online hacking attacks and maybe considered an alternative to call storage. In 2008, when Bitcoin was launched, paper wallets were the only secure way to store this popular crypto assets. This is why only a select few were able to buy in store vdc back at the days, thanks to technology advancement and wider adoption. Now there are other types of wallets that help in storing crypto assets. Owing to the numerous flaws, however, the use of paper wallets is now considered dangerous and should be discouraged. If you still want to use it. It's essential to understand the risks. A major flaw of paper wallets is that they aren't suitable for sending partial funds. You can only send your entire balance at once. Hence, they're rarely used. Nowadays. 8. What Type Of Wallet To Use: Now that we've got an overview of the types of wallets, and now a bit more about the features of each type. It's time to discuss which one is. Our wallets are perfect for you. Personally, I like to use a hardware wallet for holding long-term in combination with some tokens and my Exchange account that I tried weekly. Well, why did you choose is completely dependent on what your needs are. If it is security, you want hardware, wallets, IO, best bet. It used to be the case that web wallets have more features and could connect to decentralized apps and certainty five protocols, a mobile wallets could not. But that's not true anymore. Since the launch of wallet connect, which is a piece of software that allows mobile wallets access to all blockchain apps and protocols within the mobile app. This software, it comes built in with all popular mobile wallets. So going forward, it is totally up to you. You can put some of your assets on your exchange for treating someone, your mobile wallet, for using DeFi apps and protocols. And feel free to mix it up and find the combination perfect for you. 9. Metamask and the Binance Smart Chain: All right, so now that we've discussed the different types of solids and their use cases and how secure they are. Let's get right into how to use a wallet to execute transactions and do all kinds of other fun stuff. So the first thing we're going to do is transfer a token or a coin called BNB from the finance exchange to the MetaMask wallet. Now, you can try, you can buy and transfer crypto from all kinds of companies, websites and exchanges, through crypto.com, through Coinbase. But I'm choosing Finance because it is the most widely used exchange in the world. And also bypasses some of the restrictions imposed by some countries on the population. So it's the most accessible. And that's why we're using binary. And we're going to transfer the BnB coin from financed the Meta mass. Now, the MetaMask is the most used a wallet worldwide. It is a browser wallet, and it also has a mobile app. So it's a mobile wallet and a browser wallet, a hybrid. And it's got lots of features is compatible with lots of websites and multiple blockchains. So it is the most widely used. Well, it now we're going to transfer B&B from finance to MetaMask. And you need the BnB coin to do anything on the balance smart chain or the finance blockchain. So the Milan is blockchain, has the coin BNB, and it is called the violence blockchain is called the finance smart chain. And the chain has a plethora of applications. Like wallets, which are shown here. And we've got coins, stable coins. We've got some infrastructure like BSE scan my wish. You've got multiple lots of exchanges here, some lending platforms. So you need to have B&B in your wallet if you want to do any transactions or perform any kind of activity in the binary smart chain, right? So the other blockchains separate from the band and small chain, which are the Bitcoin block chain and Ethereum blockchain. But we are going to take us start with the finance blockchain. 10. Add Metamask Extension: So in order to get started with MetaMask, we just need to add it to our browser, which is Firefox in this case. So first you need to visit the official website and MetaMask, that is MetaMask dot here the little lift listed some of the features. Click on Download. And here it gives us the Firefox we're going for Matter mask, click on install. It leads us to the extension shop or whatever this is. And click on Add to Firefox. And click on Add. And it's as easy as that. The extension has been added. Now I'm going to leave this option of running and private Windows unchecked because I needed click on Get Started. You could import a already existing wallet. Just click on Import wallet and enter the seed phrase. But at this case, we're going to be creating a new wallet. So creating new wallet. Click on I agree. And a new password. And then click on I agree. And I would read the terms. Click on Create. Save the password for future use. I'm not going to save it right now. But if you're going to be using a daily, it's better to save it. Click on Next, and now it's going to give you the backup recovery phrase. So if you click here, it's going to reveal the secret phrase to you and make sure that you read this phrase down on a piece of paper. Don't store it on a password manager. That way it's easy to get act if your device gets compromised. Just write it down on a piece of paper. Okay, and then once you have revealed, once you've seen it, lets you click on Next. Okay, once it's seed phrase and you copied it, asks you to type back the seed phrase in order. And then it lets you to continue on to this screen. Read the terms and tips, and click on all done. And that's it. Now we have the MetaMask dashboard, and we can now continue to send and receive crypto with MetaMask wallet. 11. Connect Metamask to Binance Smart Chain: Now that we're at the MetaMask dashboard, you're going to notice that the dot that it says here, Ethereum main net. And since we're going to be transmitting B&B over the Milan smart chain. We need to have financed much chain amongst networks on MetaMask. But as you can see here, there's no, there's no sign of a finite small chain. So to add banana small chain to MetaMask, we need to go to the official blog of finance, which details on how to connect method mass to the finance my chain. So we scroll down and we here we have the details of connecting MetaMask to finance small chain. This is the balanced much chain main net details. So we go back, hit on my mask. And now you're going to notice that it's that it has a lot of tests networks here. The Ruxton test network, the colon, the rank of B, and the goalie. These are all for developers and testers who are testing out their applications on the Ethereum blockchain. And they want to know how it is going to function before they deployed for the public. So that's what these tests networks of all. Now we're going to add a mask. And to do that we go to Custom OPC. And here we have the option of adding a new network. So let's just hop over to the blog, copy the network name, and paste, and do the rest for the rest of the details. Copy and paste. Okay, so now that we've pasted all of the required details, just go ahead and click, Save. And there it is. The chain has been added to our MetaMask wallet. So we're just gonna go back to our dashboard. And it says, yeah, 0 B&B as opposed to the 0 on the Ethereum mainland. So now there are no, we're good to go and start transferring B&B using the Spot chain to our MetaMask wallet. 12. Transfer funds from an exchange: So now that we have the chain on our MetaMask wallet, what we need to do is transfer some B&B over to our Wallet using violence exchange. And z. We go to our wallets on the exchange. And so it's showing up balance here. And click withdrawal. And so now we have the option of withdrawing crypto, select the coin as BNB. And we're going to be adding a new address. We don't have any addresses saved. So we're gonna go back to MetaMask wallet to get the address of count, copy to clipboard copied, and then go back and paste. And so it's automatically recognize the network that we are going to be transferring our crypto width because at the address that we're given it. But that doesn't happen all the time with other blockchain like Ethereum or the B2C blockchain. So you need to be very careful in selecting the right network. Otherwise you might lose your funds. So we've got that out of the way. Knowing how to select the amount that we're going to be withdrawing. So just click on macs. That will put the entire balance on the confirm the details real quick and click on withdrawal. And so that's a confirmation. And some other details regarding the role. And click on Continue. And so it's asking for the verification, which is very important to protect against hackers from ceiling your funds. Okay, So I've gone ahead and completed the verification, complete the transaction is processing is going to take up to 15 confirmations to complete the transaction. And so there's nothing on MetaMask wallet as of yet, no activity. Go back to the exchange. So we're going to wait until this goes ahead. Okay. Now the transaction has been completed. It took about two minutes, so not a lot of time. And the balance matching is very quick. In processing transactions, unlike other blockchains. And now we have our amount transferred to our MetaMask wallet. And it says easy as that. Okay, That will be it for this video. 13. Connect to Pancakeswap: Now we're going to go ahead and connect all it to pancake swap, which is a decentralized exchange used for swapping tokens, adding liquidity, two pools, and other kinds of exciting stuff. So let's get right into it. So to visit the pandemic swap exchange, rod pancakes swap on any browser. And the official link should be shunned right on the top. But you need to be extra sure all your visit the right website. Because the multiple fraudulent and phishing websites out there that try to connect with your wallet and steal your funds. So to be extra certain that you're visiting. The right pancake swap link. Was it coin market cap? Right? This is a website that tracks all the cryptocurrencies and exchanges and stuff like that. So you go to Exchange right here. And let's just type it in the search bar. There it is. And so it's less here, your visual link of the pancakes swap exchange. And so we are now certain that it's indeed pancakes Swap dot finance. Let's click on that link and also bookmark it. So it's easier for future use. Okay, So now we're at the exchange and you've got all the things, all the things that you can do on the exchange listed here on the left. You've got exchange liquidity, farming and pools and locked trees and collectables, etc, etc. So the first thing we're going to do is go ahead and connect our Wallet using this Connect button. And we have MetaMask as the top option. So just click on that. It opens up your wallet for your intonation and click Next and connect. And it's as easy as that. 14. Swapping Tokens: All right, so now that we've got a wallet connected, we can go ahead and start swapping some tokens. And to swap a token, you just need to go on the left, on trade here, click on exchange. And here we are. So here we're going to use b and d. Or if you've got any other token from this list to swap it with another token. And so now that we've got B&B in our wallet, which is going to set this one as BNB and select the other currency. Let's say. Let's take it as, let's take tiki taka crypto. So we've got a balance of 0.059. So I'm just gonna go ahead and swap 0.04 of my B&B for GKO. Confirm the liquidity provider fee of 0.0010001, B and D. And here we've got the option of setting the slippage tolerance. And what that does is if let's say we've selected zero-point five percent option here. So if the price of gk rises by more than 0.5% during the time it takes to confirm this transaction. The transaction will be denied because it exceeds the slippage tolerance. So that's what that is. The transaction deadline of 20 minutes, which means that if it takes longer than 20 minutes, execute the transaction, then it will also be rejected. So let's close out of that. And click flop. And this will give a, give us a confirmation message, Confirm Swap. And it opens the wallet, not here for us, which shows us the gas v of 0.04088. Click on data, that's just some random programming code. And then we click Confirm. And the transaction has been submitted. And so this is giving us an option here to add GKO to MetaMask. And that's because we haven't added GKO to madrasa. It won't be showing up here. This shows that the transaction has been confirmed, but we've got no token. Yeah. I can see here that the balance has been deducted. So what we need to do is manually add each token to MetaMask. You don't need to do that on all wallets, like trust wallets and some others. But on my MetaMask, you need to add your wallets manually. So let's go to when market cap again. So it's for TK. And the contract address is what we need from this website. And that is right here under contract one and small chain. And we need to just copy that address. So it is Go ahead to add token and paste it. And it fills in the rest of these details, automatically click Next and add tokens. And so it shows us the balance of the GKO we currently have in our wallet. And that's it. 15. Track Transactions on The Blockchain: Okay, Now that we've made our first swap on the pancake swap exchange, you're pretty much good to go with all the other functions of pancake swapped like farming and pools. And that's all the stuff. So I just want to show you the other analytics and transaction information that is present on the MetaMask wallet. That's very helpful sometimes. So as you can see, there's an option for activity on the right here. And when you click on that, it shows us the activity that's been going on in the wallet. So click on this one and it shows us our recent transaction of 0.04 B&B, the gas used and the gas price in gray. This is the activity log. And we can also view this transaction through this link on BSC scan.com. And what BSE scan is is a tracker for all transactions and valine on the binary smart chain. So you can see the transaction hash, the status of the transaction, when the transaction took place. Which wallet, what is sent to? Which one was it sent from? What was the value of the transaction? All of that stuff can be viewed on here. So now this is only for the particular transaction that we did. 0, 1, 0 for B and B. If you want to view general information of your wallet, you can just click here and view in Explorer on BSE scan.com. And it'll, it'll show you all the information regarding a wallet balance and the transactions that we made. All the transactions that we've made with the wallet and yeah, all that stuff. So it shows us that we've got another token here, Toko crypto, and we've also got some B&B. And this information is available to everybody, you know, anybody that has your address can type it in to BSE scan.com and view all the information regarding your wallet. So that's one of the perks of using the block chain. Everything is visible, everything is transparent. And yeah, you can view all the transactions that happened on the blockchain through BSC scan.com. 16. Metamask Features: All right, known show you how to make multiple accounts within the same MetaMask wallet. So let's say you're storing a lot of funds on your MetaMask wallet. And you also need to use them on the daily on banking swap and other blockchain applications. So you store the funds you need daily on one account and the other funds that you are sorting for long-term on another account. And how you do that is you click on this circle right here, and you click on Create Account. And it's going to take you to this page where you will type out the account name and then it will create that account for you. I'm not doing that right now because I've already created an extra one right here. And once you create an account within your MetaMask quality, you can't delete it. You can also import other accounts that you might have on another MetaMask wallet. I, you can just import it using its private key. And you can delete the important ones. The important ones, but not the accounts you've created. In this particular one it you've also got the option of connecting your hardware wallet. And so if you're going for super, super secure wallet, you can also connect your hardware wallet to a MetaMask. Let's say you have a trestle wallet. You just going to click on here and plugging the threshold voltage into your computer. And then you got to push a button on the dresser wallet. And then it does all the connecting work for you. And that's a another way to use your funds securely on the Internet. And then we've also got this lock option here. And what it does is log you out of mathematics. You see the password is already auto failures. So if I click on Lock, I'm logged back in. And you, here you have the settings. We can set the primary currency to fiat. You've got all sorts of other things as well. You can now, Netflix, et cetera, et cetera. So yeah, that's pretty much all there is to MetaMask. And I'll see you in the next video. 17. Buy Ethereum on the Binance Smart Chain: Okay, so now that we've had our fun with B&B, when he said go ahead and convert it all into Ethereum and start our journey on the Ethereum blockchain after we've explored this violence Marchand, right? So what we need to do is go ahead and convert all of these BNB and TK to ethereal. Now, one method of doing this is we would first go and swap for B&B and then convert all of that BNB two Ethereum. Or we could use pancake swap to convert CO2 B&B and convert all that, right? So we can use either MetaMask, our pancakes wall. And the difference between the two is the net phase. So let's check the network fees that MetaMask is charging us. Let's go to swap. And we want to swap TK O to B and D night and was at the slippage tolerance to set it at 2%. And then review. And it's going to check multiple websites and apps for us and find the best quote. So the quote on MetaMask is a 0.394. Well, the code on pancakes swap is also 0.0394. Let's reload it. So reloaded the page and enter the details. Again. We want to swap the NB. And yes, so not a lot of difference. This is giving us 0.03941 BNB and this is giving us 0.03948 B&B. So I'm going to go ahead with pancakes swap. Approved charges, $0.07. This was charging a lot of $3. So yes. Approved on second thought I'm going to cancel this 1 first. I'm going to reject. Rejected. So confirm. Proving. And the approval receive. A receipt is right here. And now we're going to click Swap. And for 8 v1, 570 K0, we are going to get 0, 1, 0, 3, 9, 6, 8, 32, B&B. So Confirm Swap. And then confirm the transaction has been submitted. And then the transaction is done. So now we have 0, 0, 0, and 0, 1, 0, 57 for B&B. Okay, so now what we need to do is convert this BNB two Ethereum. Let's check the swap on MetaMask, BNB two. Now that we've got the same token. And let's enter the quantity. And then 2%. Then review swap. And that's going to give us 0.0088470739. And also saying you need 486 more V&V to complete the swap. So we can actually complete this on MetaMask. So let's cancel out of that and go to pancake swap. A wall, It's still connected. Now we want to convert from B and D to E phi max. And we're going to get 0.00733221 and silicon swap. And confirm that that's all that we're going to get. And click confirm our database a little bit before the transaction goes through. And it has been confirmed to the smart chain right here. And so we've received the team token, but we haven't added the same token to this march a network. So what we need to do is go to coin market cap, search for a theorem. And then we have the contract address. To add token. Based the address, it recognizes the symbol X and the balance at tokens. And then we have in MetaMask wallet. Now, the thing about this Ethereum is that it exists on the finance side chain. But we want this at helium on the Ethereum blockchain. Because right now this is helium can only be used on the finance smart chain and not on the Ethereum Blockchain. So the thing we have right now can only be used among these apps because it exists on the binary smart chain. If you want to use it on the blockchain, right? The Ethereum blockchain, these apps, we need to translate it to the Ethereum blockchain. 18. Binance Bridge: All right guys, so now the task at hand is to transfer our theorem from the finance smart chain to the Ethereum blockchain. Now, as you may well remember in the recent video, we converted B&B to Ethereum. And of course you can't convert, convert your entire B&B balanced to you in because you will always be needing B&B to pay for gas while you on mine and smart chain. If you own the Ethereum blockchain, you'll always need to pay for gas. And on the balance function you'll need B&B. So while on the balance machine, you can't convert your whole balance to theme and one on the Ethereum blockchain. You can't convert all your three until some other token because you need some balance for in order to pay for gas phase. Now, the reason I converted my B and V2 Ethereum was I was hoping to transfer my theorem to the Ethereum blockchain from the finance mankind through a process called Bridging. And what a bridge does, as you may well imagine, is connected to block chains together to help transfer assets from one block chain to the other. So I'll just open up a bridge for you. Let's go to finance.org. And here we have the option of a bridge. Right now there are multiple bridges out there, but the balanced bridge is a, a very versatile bridge and has the capability to connect to a plethora of block chains, right? So it has a lot of options when it comes to transferring from one blockchain to up to another. So as you can see here, here is the asset you want to transfer from one blockchain to the other. These blockchains you can transfer to and from. We've got some options here. And these options change. And with respect to the asset you want to transfer. So if I have, let's say ontology, so I'll have the ons network, Neo Network, and some other ones. But right now, we're looking to transfer Ethereum from the smart chain, from the mainland smart chain to the Ethereum network. So the first thing we do is go ahead and connect. How will it matter mask and why it is connected. Now, let's just go ahead and enter the amount. And that gives us a warning right there. The minimum amount is 0.052 Ethereum. So we need at least 0 0100 5 to Ethereum to transfer, to use the bridge to transfer assets. So I can't I'm unable to use the ridge right now, but I'll give you a short summary of how this works. So what this bridge will essentially, how this essentially work is once I have the sufficient balance, that is 0.052 or higher. I'll click Next. And it will ask for my main net address, right? So I'll have to go to my MetaMask and go to smart and click on Smart chain helium main net, and copy this address right here and paste it. So once I paste this address, is going to give me another intermediate address, right? And what don't have to do is transfer from my Milan smart chain to that intermediate address is going to give me. All right. So first of all, I'll be pasting my Ethereum main address onto the bridge. And then it'll give me an intermediate address, which so I will transfer my assets from the binary address to the intermediate address that provides. And then the bridge will automatically send the funds from the intermediate dress to my Ethereum main algorithm, main address that I have provided the rich in the first step. But since we do not have sufficient funds right now, we'll use another method. And that is that will first of all, convert our Ethereum back to B&B, pay some of that transfer fees rather to convert back to B&B while being on the financed my chain. So we'll convert this Ethereum, Airbnb, and then we'll transfer B&B to finance. And then on nonviolence will convert RBENV back to the theorem. And then we'll transfer that a theorem to MetaMask. Ethereum address right, on the theory of minutes will transfer this ethereum right here into this count. 19. Convert to ERC20 Using Binance Part 1: Alright, so we're going to go to the smart chain, open up pancakes swap so it can reconvert them to be NB. Select theorem. What it is already connected to B and B, max. And approving. There is the fee. Now, we could've sent both of these assets separately. The first we could send Ethereum finance and then send the BnB mine ends, but that would incur higher fees and the transaction is confirmed. Yeah. Plus that. So given the option of swapping as just wait for awhile ago, swap. And then we're gonna get a minimum of 0.04756. Confirm Swap. There's a gas price and the total amount confirm and close. And here we are, back to our wallets. We think the transaction has been confirmed. And now we've converted all of our balances back to B and B. So now we need to do is send this balance to finance. Okay? So vector and the exchange. But a wallet, Fiat and spot. And we're going to have to deposit, deposit crypto coin we wanted to posit is B&B. Understand. And we'll be using the smart chain. This is the oldest network, the Finance Network, MBB to weave throughout these tutorials, we have been using the smart chain, which is VB, the new network, which is compatible with all the exchanges and apps on the finance as part chain. So it's given us the address that we need to send our assets to. Go ahead and copy that. Copy the address. Go ahead and click Send. And is that is our entire balance. And I won't click Next. For showing us these details is showing us the gas fee. So our total amount present now what it is, 0.056294056789 of which will be sent to our wallet on finance and 0.000105 will be deducted. Gas phase. So we can modify, change, alter this gas phase molecule, have the option to right now. But if you want to, if you want the transaction to execute faster, you can pay a higher gas price. So that's the transaction W's faster, but that doesn't really play a huge role in the maintenance mode chain. But it does in the Ethereum network, which will be, which we'll get to in just a bit. So Confirm. And the transaction is pending. Okay. It's about a minute and the transaction is now confirmed. Let's go to the spot. And it doesn't currently show any balance. So we'll go to the deposit withdrawal history and it has been completed. So let's go back to what it shows demand right here. There are 1000, 561 going to fill out and spot. Showing balance as a BTC balance and value, the value of the balance in BTC. And here's b and d, 0, 0, 5, 6, 1. 20. Convert to ERC20 Using Binance Part 2: Okay, so now what we need to do is convert our B&B to Ethereum and then transfer it to analyze a mask if helium minute. Okay, so let's just click on Buy. And we're going to be purchasing it with B&B. Okay. So we don't have that option here. I'll just use the crypto exchange. Okay? So it turns out that there's no pair for them to be in B. So we'll just use rockets just by you then. And so what we need to just sell B&B for us ZT. And the price is 274 and click market a 100 percent. And so now we have USD. And we can go ahead and buy ethereum by market balance. A 100 percent. And I'll click on by E, has been fulfilled. Now we have 0.0086 Ethereum. So now we need to do is spot quick on the draw. Like a theorem. A mask and gets a minute address. Copy the address, paste it right here. Select ERC 20. And the land is maximum. So we have a total of 0.00860100505 will be transferred and 00036 will be deducted as network fees and withdrawal fees for binary. So that's about 30 percent of our balance, that is our players. But we will have to make do with that. Especially when you're transferring small balances. To inform exchanges, you do get a higher percentage of fees newdata from them. So we've got the address, pasted this switch. Let's just click and go ahead and click vigil. And ERC 20 transaction cannot be cancelled. Continue. And I was going to send me some verification code. And now you've completed the verification. The transaction is complete to MetaMask and find that we have no assets. Because it's going to take awhile to transfer because the ERC 20 notebook is slower than mine and smart chain. And it's also most more costly to transfer funds on that smart chain, on the Ethereum. Name that okay, So it took about 20 minutes to complete. And now the balance can be shown as being shown on my helium minute while it as $8.97, I transferred $15 from my 1 second finance account and now have a total of roughly $9. So $6 in fees and gas phase. Okay, so now we're finally ready to use our theorem on the Ethereum Blockchain. 21. Ethereum Mainnet: All right, so now that we've got our Ethereum tokens on Ethereum maintenance account of our MetaMask wallet. So now that we have assets on the Ethereum blockchain, you're going to notice some tiny differences in the dashboard of the wallet. And the first one of those differences is the USD denomination of your targets. Now, since the MetaMask wallet is primarily built for the Ethereum Blockchain. So it has some added features when you use the theory minute on your MetaMask. So this USD denomination is not available when you're using the finance smart chain. And if it's still not visible for you while on the three minutes, the only thing that you have to do is click on the circle, go to settings and check the fiat option. And that will do the trick for you. Now the second thing that's not available on the smart chain dashboard is this by option, which is grayed out while we're using minus small chain. And this is an added, another added feature on the theme maintenance. It's not used very often by people who use MetaMask, but it is a nice added feature. Okay, So now that we've got everything set and ready to go, Let's go ahead and put our Ethereum tokens to use. 22. Uniswap Tutorial Part 1: Well, in the bone and smart chain, we were using pancakes swap to swap our tokens, add liquidity to pools, yield farm and, and all sorts of stuff. So the equivalent of that on the Ethereum blockchain is the Yunus swap app. So let's go ahead and visit unit swap. Now, I've already visited this website before, so I've got this link, bookmarks and in my browser history. But if you're visiting it for the first time, I'd recommend that you first go to coin market cap, search for Yunus swap, and then use the official link provided. So once on the Yunus swap dashboard, click on Use uniform Yunus swap. And that will bring us here to this swapping interface, right? So my wallet is already connected. If it's not connected for you, you just have to click Connect while you're signed into your MetaMask browser extension. So on the app we've got first of all, the swapping option. Then we've got the liquidity pool that we can visit lot here. Top pools. And that's all the information you need regarding liquidity pools. And it's giving us the option to add liquidity and trade here, exit out of that. And then these are the governance protocols. So you can try these out of your interests. Then we have some charts and analytics on the Yunus swap app. So what we need to do now is just use the swapping function. And we've got the settings icon, which helps us adjust the slipping, slippage tolerance and the transaction deadline. Very similar to the pancake swap swapping interface. So let's go ahead and swap our Ethereum for another token. So let's say I want to trade my Ethereum for, let's say one inch. So now we've selected the token. We've got 0.00505 e's, I'm going to swap 0.002 of my four one-inch is calculating. And now we have it by $3.63 worth of one inch, which will give us 1.56875 tokens swap. And we've got the liquidity provider fee, route and rise impacts the minimum receive. So we're going to receive a minimum of 1.56. And if the price of one inch increases by more than 50 percent, this swapping will be rejected. So Confirm Swap. It connects to a voltage and a rod here. So we're purchasing $3.65 with a one inch and we're paying $4.08 worth of gas phase. So the total amount of the transaction is $7.73. Now, here is the gas price that we're going to pay and the gas limit. And one thing that's very helpful while conducting transactions on the Ethereum blockchain is this website called ether scan, which gives us the current gas price being deducted on the Ethereum Blockchain. So we're going to go to More and then gastroc. So the lowest gas price we need to pay to conduct transactions is seven. Right? And MetaMask, sorry. Yes. Metamask is charging us 13 way. So we can load it to seven gray, which reduces it by $2.25. So the gas price, the lowest grass gas price, we need to pay seven gray and then so we've gone ahead and set that as seven gray. But you can't go any lower than seven because your risk of getting your transaction denied and then you lose your gas fees and transaction doesn't even go head. So it's good to follow if you're short on cash like we are at the moment, just used the lowest amount recommended here. If you want the transaction to go ahead very quickly, you can pay a higher price, but we'll go with the lowest one right here. And so let's click or not. Now, you notice that there's also another option of setting the gas limit and that is estimating the amount of work that will be done in communicating with the Yunus swap pro protocol to successfully execute this transaction. So you can lower this, but that doesn't help you because it's not going to use this full amount. That is estimating that will be needed to complete this work. It's only going to use the amount that's needed. So the monster not used will be refunded back to your wallet. So I'll just leave this as it is and lower the brush 27 gray. And now the total amount will be paying $5.85. So let's go ahead and confirm that transaction. And it is pending. Now, please remember, that's the estimated time that is going to take to complete since we used the lowest gastritis is around 15 minutes. So we'll have to wait a bit for this to complete. Started the MetaMask quality is still showing current value in ether. And we have this ending transaction here. You can speed it up by paying higher fees. But we're not going to do that now. So let's just wait for it to go through. Okay. So it took about two hours and the transaction has failed. And that might probably be because the price of ether rose during our transaction was being conducted. And so the gas price rise. And so asset gas price, which was the minimum, was insufficient to execute the transaction. Now you may notice the value of the account has increased, but that's in USD. And the value of ether here as 0.0049, which is less than the 0.00505 we had earlier. So the value of y3 is decreased because we had to pay the gas phase even though the transaction had failed. And you always wisdom or when you going for the lowest gas price option. And so I visited coin market cap. And lo and behold, the price jumped from 1843 to 1951 during the time that our transactions being conducted. So yeah, that failed. And so we're going to have to give this a second go. Let's close out of that. 23. Uniswap Tutorial Part 2: Okay, so we're going to enter our ether. That's calculating swap. Evaluate. Take a look at the details. Confirm Swap connects to a wallet and saying insufficient funds. Okay. I might have disabled the option of adjusting gas price. So let me just quickly go ahead and re-label that. So monitor their settings. Okay, so go to Advanced and click on, Okay, back to the interface. And now we have the option to alter the gas price. I've just checked, the gas prices have come back down. And so I'm going to put this at nine to be extra show that there's just no fail. The minimum required right now for a low priority transaction is six. So we're just going to put nine and click on Confirm. Now, weighted quite awhile for the prices come down. And I've noticed that the gas prices are lowest and 12 AM UTC. So if your add-on for cash, you might try a different time for conducting transactions, okay? So at this moment the transaction is spending. And another thing that's very similar about Ethereum blockchain with the balance my chain is that you can view your details of your transactions on a website. And if you click on it, it's going to give us the option of mu on ether scan. And what either scan lets you do is you all the details of your transactions on the Ethereum Blockchain. So as you can see, the status is pending. The time passed since we've initiated the transaction. The gas price that we're paying, the gas limit and some other details. And while we're waiting for the transaction to go through this, also view our wallet on the Ethereum blockchain. And I do that is go here and view on ether scan. So and that's the beauty of the APA of the block chain, transparency in every transaction. So we can view all of the details about our Wallace or quality or the balance, the ether value, and lots of other stuff we analytics. It's showing us a graph of the value of the wallet. So yeah, either scan dot io to view any detail about your wallet or your transactions. So very helpful sides. So let's check that transaction again. It's still pending. And I'm going to go ahead and pause this video and be back when it hopefully goes through. Okay. So as you can see, the transaction has gone ahead. It's giving us the details of the transaction here. On ether scan. It I'm showing a status success. Only took about 20 minutes, 1 second. The last time we got really unfortunate because there was a sharp increase in the valley. Virion and the gas price also rose. And that was an unfortunate moment. It should have typically gone ahead, but it didn't. But thankfully, we've executed successfully right now. But you'll notice that in the assets, we only have Ethereum. Yeah, we've got it down to a value of 0.001, but no one inch tokens. And that's because we haven't added them yet to our wallet. So let's click on Add token. Search for one-inch. And since we only, if Tyrion Manoj, we don't have to go to coin market cap and search for the smart contract address. We can just search it right from within MetaMask. Click on one inch and click Connect shows us the balance. Click on our tokens and that we are. So that's how you interact with Yunus swap with MetaMask on the Ethereum blockchain. And that will be it for this video. 24. Exodus Intro: All right, Now that we're done exploring MetaMask, let's move on to a different type of voltage, a desktop wallet called exiting. So right up front you may notice a few differences between MetaMask and Exodus. The first of which is MetaMask, existed as a browser extension or a mobile app. While exit, it can exist in three different forms. It can be downloaded on your desktop or mobile. Or it can even integrate, integrated with some hardware wallets. So there's three different versions for you. And also secondly, MetaMask only supported to blockchains, the Finance smart chain and the Ethereum Blockchain, both of which we try it out and tested. Well, exit IS supports multiple different blockchains, a few north of a 100. So let's get right into it and download the app. Download. You've got Windows. So we're just going to download the Windows version and save file. And now it's downloading. Okay, so now that the download is complete, we're going to open the file. Okay, so now that the file has been installed, click Okay. Minimize out of this, go to the desktop and launch the app. 25. Exodus Tutorial: Now that we've got the app installed, let's go ahead and set up our seed trays. And also set, set the password. So go to Settings. Go to create your password. Type in the password you want. Next. Confirm password. Next. And there's 12 word sweet stress. Now you need to make sure that you write this down on a piece of paper. Don't store it on any other electronic device. Just write it on a piece of paper. It's more secure that way. So you, if you hover over world show you see phrase and you can write it down one by one another. You know your C phase click Next. And as just checking that if we written down as you raise. And so we have to select this term corresponds with citrus exists in it. And click Finish. So now that we have the vast land and sea trends, we can use and reset the password. But now let's move on, go to the home option. And now let's check out some of the features of this wallet. So at the top we've got the portfolio. But since we don't have any coins in our wallets and just yet, so it's going to just show the current prices of all the coins, the charts, and the percentage increase. Click on overview portfolio. Now let's go to the wallet. So it's showing the all are supported acids in the wallet. But currently we don't have any assets. So, so all of them are valid at 0. And then we have the option of exchange where we can swap our tokens within the wallet. So select any token, swap it for any other supported token. And then we've got the exit is shares where you can buy the shares of the exit is company during its public offering. So the company Exodus hasn't gone public yet. But when it does, you will be excluded, included in the initial coin offering. But for that you need to create your profile, profile and verify to be able to invest. So let's go back. And then we've also got the option of adding apps such as exit as shares, where we can stake the shares of the company. Rewards, where we can take our crypto to get interest. And compound finance, which is also rotated related to interest. So go back. Okay. So now it's very, very important to note here that the purpose of the exit, exit as well. It is very different than MetaMask because the MetaMask wallet is meant to interact with absolute block chain, provide you with multiple features. And so you can only store the funds in MetaMask that you need to use on other apps and protocols on the blockchain. While exit is, is meant for storing crypto, and that is it. And you'll find that while you have many options for cryptocurrencies and locked chains, in your wallet. Exit is can't interact with any decentralized apps on the blockchain because you can't connect to them. And that feature is not available since the app is only meant for holding your crypto security for long term. And that's also the reason why you don't have many other features on exodus that you have on MetaMask. And the first of those is, it does not allow you to alter, adjust the gas-phase while sending your cutter to and from the wallet. So you'll find no option anywhere of changing your gas v, I guess fee for your transaction. Also on MetaMask, you have the option of storing your crypto tokens on other blockchains rather than their native one. For example, we stored Ethereum smart chain on MetaMask. And we could also store BNB on the Ethereum blockchain. But that is not possible on Exodus because the theme you store in Exodus is always on the Ethereum blockchain. And Bitcoin is stored on the Bitcoin network. B and D is on the mind and smart chain and so on and so forth. And so when you are transferring funds from Exodus to exit is already withdrawing from Exodus, it is important to make sure that the coin you have a drawing as using the native Blockchain to being transferred. 26. Trezor: Okay, so now let's check out trestle, which is a hardware wallet. And if you're looking to Holyoke crypto, hold it for long-term. That is, hardware wallets are your most secure. Bet. And travel is one of the best options in that category. And it is also one of the most feature-rich options, as it is not only very secure, it is also very feature-rich as it allows you to connect to different browser extensions and also other apps on the block chain. So you get the best of both worlds security and functionality. If you're looking to buy tramadol or any other hardware wallet, you can typically buy them straight from the official website of the heart by one company. And I would strongly recommend that you do buy it from the official website. Because in the case that you buy from a third party provider on, let's say eBay or Amazon, there's always the chance that the device might have been hacked and when would have some malware installed in it so that I could target its future uses. So it's always better to buy hardware wallets from the official company. And now that we're on the triazole website, you can just go ahead and click that, gets your press a button. And it automatically scrolls down and gives us the option of either one or transform, or let's say hypothetically we wanted to buy a triazole one. Let's click on that. And it leads us right to it. Online shop. So there's that showing us all the features of the wallet, technical specifications and supported cryptocurrencies. And once you've bought the wallet, you can, you also have the option of the triazole suite, which is the desktop app, and also the browser extension, which you can use to either view your data on your computer regarding your crypto portfolio. And also use the browser extension to interact with the other blockchain apps. You could also, as we've previously discussed, connects your transfer wall it to your MetaMask account. And how you do that is just click on the circle right here and click on Connect hardware wallet. And that gives us the option of connecting Entrez or right here. Let's close out of that. And let's just try connecting to the browser extension. So let's begin. Continue. Begin says up. And now it's asking us if it was okay because in the case of hardware wallets, hardware wallets, security is paramount. So they ask you to check boxes, your box, Sorry. To check if the sealers damage and other kinds of security precautions to absolutely make sure that you are getting the genuine product, right? So since we don't have the trestle right now, we won't go ahead and download this press or bridge, which is required to connect your device to the browser extension of trestle. And once you have bought the device connected to the browser extension or the desktop app, you'll find that it's very similar to other wallets. And it'll be we'll have the same procedure for sending and receiving cryptocurrencies. And that is all that one needs to know. When getting started with hardware wallets. 27. Install Trust Wallet: Okay, so now that we've tried out a browser wallet, desktop wallet, and the hardware wallet. It's time to explore a mobile wallet, right? And the most popular one of those is trustworthy it. So we're just gonna go ahead and install it on our phone. Now, depending on what device you're using, iOS or Android, you just need to go to the Play Store or the App Store, typing trustworthy it. And the top result will be the logit one. And then click on Install. Wait for it to install. And once it's installed, you can click on open and will bring you to this screen. Now here we have the option of creating a new wallet and importing a wallet through the oil. I already have a wallet option. Now since we've already created a bunch of bullets on other apps, this was creating an e-wallet. It will be just the same bar and clicking the Create new wallet, agreeing to the terms and conditions, and then writing down as he tries. So what we're gonna do is import an existing one. Okay, I've read and accepted the terms service. Continue. Now it's going to give us the option of what type of wallet it is that we're wishing to import. Now you could, if you're willing to store only a specific type of cryptocurrency on, on blockchain, you could just go ahead and choose one of these options. But since we are going to be dabbling a little on multiple different blockchains. I'm going to select the multi coin wallet. Okay? So now I'm going to go ahead and import my MetaMask wallet into trust wall it. So all I have to do is enter my seat phrasing here. 28. Trust Wallet Features Part 1: Okay, so as you can see, we have successfully imported our wallet from MetaMask to trust while it sorry for the black screen earlier. And that was because I was entering my seat place. Now, you may remember that we have discussed that your coins don't actually reside on the, reside inside the wallet. They exist on the block chain. And your wallet merely stores your seat place. So that's why we can enter, access our friends from any voltage, VH MetaMask, wallet, exit or any other one. Since they all only store seat phase, which is used to connect to the blockchain. Now, you might face some compatibility, compatibility issues. Sometimes. And let's say you were imposing your funds from a trust will lead to another trustworthy app that will almost always go smoothly. But let's say MetaMask, as we already know that it does not support the Bitcoin blockchain. And say we have some bitcoin, bitcoins on our trust Violet, and we want to import that while it into Meta mask. Now that will be an issue because since MetaMask there's not support the Bitcoin block chain, it will not be able to import our wallet. So if there is a compatibility issues due to non supported blockchains, you won't be able to import your wallet, but otherwise you will be able to import your wallet. Now, you may notice that we have only got a limited list of tokens on the front of this transported up. And that's because it only shows the wallet, the coins that you track daily and trading. If you want to enable any other coins, you just go to the top-right corner over here, click on that widget. And this will give you the option of many other tokens by Bitcoin, cash, like coin, and a lot of others. Let's say we want dash and z cash. Now those will be displayed on the front as well. And you can also add a custom token. If that is what you so desire, you just scroll to the bottom and there you have the option to add a custom token. Now, if you want to receive tokens using the solid, you will receive tokens on the native network. Say you are transferring Ethereum using finance to trustworthy. So you will use the ERC 20, 20 national UK, which is the native network of Ethereum blockchain. If you're translating z cash, you're going to use the Z cache native network. Okay, So on the dashboard, you will notice that we have got two separate tokens or for B&B here, one is titled BNB and the other is titled Smart chain. And they both have the same value. Now the only difference between these is they're on different networks that both the same coins, the bolt B&B. This yellow one right here is the BNB that uses the BICEP2 network. And that is the older network. And the black symbol for B&B is the BP 20 network, which we used in MetaMask to communicate with pancakes swap and other apps where the miasma chain. So if you have vp 20 tokens on your wallet, will be able to use the apps on the train. If you don't have them, you won't be able to use any of the tokens on the chain. 29. Trust Wallet Features Part 2: Okay, so now that we've got that out of the way, let's explore some other functions on this app. So right on the top we have the toggles of finance and collect, collectibles. So finance option lets you take your turbans and the country. It only has algorithm cosmos and others. But you also have the option of adding more tokens. Yeah, only cover and B&B can be added. So limited options. But yeah, so you can stake your tokens in the collectibles option, it shows your non-fungible tokens. So if you transfer your NSGs to trust wallet, They will be shown. Okay, so looking at the bottom here we have the decentralized exchange, which lets us swap tokens, right? So let's say we want to swap our one-inch token. So it has already selected the option on the bottom. Yeah, right. So we need to click that and that reverses. So we can swap out one inch token for Ethereum. So we can only swap tokens on the same block chain, right? So one edge is an ERC-20 token, therefore can be swapped with Ethereum. We can also swap B&B for my non smart chain. All, let's say as you go back here. So B&B for another, these are all ERC-20 tokens on. We'll have to search for one. Sorry, this is B&B, the b0, b2, so that it doesn't have a lot of supported networks. Let's just swap that. And now that we have, why not smart chain, we can let say swap it for cake. That we have. It would be epi 20, right? And you can also swap it for Ethereum on the P2P network, right? So ethereum etc. that, and we have the Ethereum be EPT. So as you might remember, we used Ethereum on the BB 20 network on MetaMask. We can also do that here. Now we have the option of exchange. And that gives us a few more options, right? It gives us the option of setting an audit amount, leaving the order amount open so we can wait for the price to come down or come up. And it will automatically by that token for us. So some exchange features on this exchange option here. And then after that, we have the dApp browser. And that lets us connect to decentralized apps, right, from the trust wallet APP, right? So let's say you want to connect your pancake swap. We just go to pancake swap here. On takes awhile to load. And then it might ask you if you're visiting it for the first time. It will ask you to connect your wallet. But since I've already visited it, so it's showing my wallet as connected, right? So I can just go ahead and get to swapping tokens here on pancake swap. I can also use sushi swap if I am trying to swap ERC-20 tokens, right? So that will be handy for that. Okay? So now that we've looked at the decentralized exchange and the DEA browser. And let's say, let's see what we have in a settings option. So we can have add other wallets by going to settings and create a new wallet or add an existing one. So we can have multiple wallets within the same app. Let's say one we use for trading and one we use for long-term modelling. We can toggle the dark mode on and off. And we can also set our preferences for currency. The app browser, set a password on the app to encrypt it and use wallet connect. To connect with the, let's say as apps that don't support trust wallet, but do support while it connects, you use will it connect to trust, to connect with that app? Now, let's say we want to try and send our Ethereum tokens using the app. And so, sorry. So we need to send our utility tokens. We just basically address here, select the amount. They can continue. And once you're there, you can use this gear icon to adjust the grass gas price and the gas limit. Now this nonce number is used for is for advanced users. It's an advanced way to cancel transactions out of the scope, the scope of this course. So the gas price and the gas limit can be edited, adjusted from here. Now, one last thing before we end this trust wallet tutorial is the case of transferring Bitcoin. Now, let's say you're transmitting Bitcoin from the finance exchange to the Just World app, you will have three possible Netflix to be able to do that. Now the first network is the legacy network, which is the oldest Bitcoin network. And that is also the slowest and most expensive to transfer coins over. The second one is the hybrid segue network, which is a more advanced network that then the legacy address and also cheaper. And then the most advanced network is the nasal segment network. Right? So how do you decide which network to use? Well, it's simple. You click on receiving on the transplanted app and check which letters your address starts with. Now in this case, address starts with VC1. And that means that this, while it supports the segue and the native segment network, which is the fastest and cheapest one. If it started with a one. And then that mean, that meant that we voted only legacy networks. And so we have to use the legacy network if it started with three. And then that meant it's supported the hybrid segment network. So since it starts with VC1, we can use the the native second network, which is the fastest and cheapest. Alright, Now you're good to go with your trust quality. And that will be it for this video. 30. Course Conclusion: After looking at multiple types of wallets and discussing the use cases, we have finally arrived to the end of this course. Now, you might be feeling overwhelmed with all the unique features we have gone over for each wallet and feel that they're too complicated for you or too tedious to use. But that's not at all the case. You only need to take care of three things to ensure that your experience with wallets goes smoothly. The first is your seed phrase, which is the physical representation of your wallet. Make sure you write down you see it rise and a piece of paper, and try not to store it digitally. Remember, whoever controls the seed phrase controls the coins. The second is the address and network. You need to ensure that you are entering the correct address. When sending crypto, make sure to copy and paste your address and not type it up manually as one incorrect character could lead to you losing the amount being sent. Also, make sure to select the correct network. If you're using the Ethereum blockchain, select the ERC 20 network for my non smart chain, select VP. For the Bitcoin blockchain, use the second network and if the receiving wall it supports it. And the legacy network, if it does not. The third is gas-phase of bitcoin average transaction fee. If you're on the BTC network. And using violence more chain, you can ignore this altogether as the gas phase are very low. But if you're sending ERC-20 tokens or BDC, you'll need to check the current prices through a fee tracking website and set your grass dries just a little higher than the current one. You could also wait for the gas phase to come down. Generally, prices are lowest around 12 AM Universal Time. Another hack you could use is to store your tokens on the smart chain. For instance, you could store a theory MBB 20 tokens and bitcoin be B2C tokens. This way you'll only have to pay a negligible fee when swapping and transferring assets. And that's all there is to wallets. One, keep the seat phrase safe to and show the address and network are correct. And three, time your transactions to pay lower gas phase.