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WHAT IS ISUNEXT, THE ONLINE BITCOIN AND LITECOIN WALLET

Created to be accessible, safe and practical, Isunext is the obvious next generation crypto wallet solution for both Bitcoin and Litecoin users. As a multi cryptocurrency online wallet, Isunext is the go- to cryptocurrency tool, because it has a single access point.

Top cryptocurrency wallets from Isunext

What makes a cryptocurrency wallet safe and therefore the best option? Secure storage, which is a feature Isunext offers, by providing the most secure cryptocurrency wallet through cold storage.

Safekeeping Storage

As we already said, we offer a Bitcoin and Litecoin wallet which uses a single account, making it the safest, most convenient digital currency wallet out there.

Desktop Cryptocurrency Wallets

We are striving to offer you the best crypto wallet. With our desktop cryptocurrency wallet you can instantly access your BTC no matter where you are in the whole wide world.

Mobile Crypto Wallets

We care for our customers, so we are providing a mobile crypto wallet which works both on Android and iOS platforms, ensuring you always have access to the world’s best cryptocurrency wallets from anywhere in the world.

Worldwide Coverage

Our exchange provides worldwide 24 hours a day coverage via our multi-cryptocurrency wallet for BTC, LTC, and altcoins.

Safe and Rapid Transactions

Our cryptocurrency wallet prouds itself with high security features and a fast double-checking process to make sure every client has a pleasant and efficient experience while using it.

Most asked questions about cryptocurrency wallets

What is a crypto wallet?

We call it a wallet, but a cryptocurrency wallet is actually a safe account designed to keep, send, receive, and use for payments digital values like Bitcoin.

Crypto wallets come in different varieties, according to their accessibility and security degrees, or to their underlying infrastructure and managing properties.

Wallets can be either “hot” (in which case they can access the internet) or “cold” (in which case they remain offline). Clients can choose one of these two options, depending on what they want more; security, where cold wallets are the best, or faster, easy-connecting transactions, due to the hot wallets direct access to the internet.

Some of the wallets are software-based (the Isunext wallet, for instance, can be accessed via the web or an app), others, like the Ledger, are hardware-based. An important portion of the hot wallets are custodial (which means a service provider stores the digital coins for the client), but many hot and cold wallets are managed by the user.

Each wallet has one or more public addresses which serve to identify it on the public ledger, and an unique private address, kept secret.

Usually, cryptocurrency wallets are designed for a single cryptocurrency. Many cryptocurrency exchanges have their specific wallet, but there are also many standalone ones. With Isunext wallets, users can manage BTC, LTC, and other altcoins, either online or with a mobile app, starting from a unique point of access.

Do I need to have distinct wallets for different cryptocurrencies on isunext.com?

The answer to this question is a simple one: NO. Isunext is specifically designed to allow you access to many different cryptocurrencies from a unique address. So, Isunext is an universal cryptocurrency wallet. We support Bitcoin and Litecoin for now, but we will keep on adding more altcoins, according to feasibility, in order to meet demand.

Access is easy: users can login from any computer or mobile phone, using one set of private keys. Once in, they can view, exchange, buy, or sell cryptos from a single dashboard. There is an independent purse for each cryptocurrency, these purses being stored for the most part offline, in cold storage. The access from one to the next is very direct and doesn’t imply any effort.

How to obtain a Bitcoin wallet?

As Bitcoin becomes increasingly popular, dealing with the currency gets easier.

Here you have a step by step comprehensive guide to creating a Bitcoin wallet and beginning to buy, sell or exchange digital assets.

1. Decide on a wallet type and provider

The first choice you have to make is between a hardware wallet (as Ledger Nano or Trezor) or a software-based wallet, such as Isunext. We put enough information at your disposal, so you could make an informed decision about where to keep your Bitcoin. Even inquiring Google could help you make the best choice. After deciding what wallet type you prefer, choose a provider and follow the instructions on their website to the letter. The next few steps might look similar to the following:

2. Set up an account

This step needs you to fill in your personal information, the amount differing from one provider to the other, and following each specific signup process. In most cases, it is a question of minutes to complete the signup.

3. Attention to the password

Choosing a password is extremely important, since it will provide access to your private and public keys. The private key is the piece of information only you possess which gives you access to your funds. Your public key is the address you use to send and receive funds on the blockchain. To make sure the point of access is kept secure, all good wallet providers will have Login Guard and two-factor authentication in place. Since most Bitcoin accounts will not allow you to reset your password or access it if you lose it, NOT LOSING YOUR PASSWORD IS CRUCIAL.

4. Buy Bitcoin from an exchange or receive funds from another user

Your Bitcoin account becomes active once you have either bought or received your first amounts. Afterwards, you can buy, sell, store your BTC, or exchange it for other digital assets, LTC included.

Which one is the best cryptocurrency wallet?

How to find the best crypto wallet for you?

There are several factors to be taken into account.

The first one is determining what exactly is the best fit for you, what are you looking for. The main question you need to be asking yourself is whether you are more concerned about security or accessibility. In other words, is the wallet mainly for secure storage or for easy access to buy, sell, and exchange cryptocurrencies?

No matter what your priorities are, you should make sure the wallet you choose is designed to adhere to the highest cryptography standards within this specific market. Data protection should be a high priority for any provider. To have easy access to their bitcoin is extremely important for anyone who uses it often.

Here you have a few questions to help you decide:

1. Is it more important to you to keep the cryptocurrency in safe storage for a longer period of time or to have easier daily access to it for transactions?

Whether you prefer to access your wallet often or not will eventually determine your choice for a cold storage hardware wallet or an online hot wallet. If the first one is ideal for secure long term storage, using the second one is very rapide and easy, but not good for prolonged storing.

2. Is staying anonymous important to you?

If you are dead set on remaining anonymous, cold hardware wallets such as the Ledger or Trezor are typically the best choice.

3. Are you a beginner in trading cryptocurrency or you already have experience with digital assets?

You have to keep in mind that some wallets, especially cold storage one, need some basic knowledge of cryptography and blockchain to be used. Consequently, these are better suited to experienced users. A multi-cryptocurrency wallet, accessible via internet or mobile app will be much more easy to use for beginners.

4. Do you need a multi-currency wallet or are you going to trade only one cryptocurrency?

Most crypto wallets are designed for only one cryptocurrency. A few, such as Isunext’s, are compatible with more than one. A single asset wallet is more than enough for people who know they will only be using one cryptocurrency and do not intend to exchange between two or more. But in case you are unsure whether to use one or more, you probably better use a multi-cryptocurrency wallet.

Can I switch from a BTC or LTC wallet to a Isunext multi-crypto wallet?

Yes, of course you can. You just need to complete a few easy steps. First, you need to open a Isunext wallet, and that takes a few minutes. Then, you just access your existing Bitcoin or Litecoin wallets and transfer the funds you have there to your new wallet address attached to your Isunext account. The same Isunext wallet can be used for both LTC and BTC. Then, you simply decide whether you want to keep the pre-existing accounts, or you prefer to close those.

From your Isunext account, on a single dashboard, you can view and manage each of your cryptocurrency balances separately.

Can I have a cold storage crypto wallet on Isunext?

Yes, you can, but let’s see first what cold storage implies, and then how Isunext’s cold storage operates.

As previously mentioned, cold storage refers to crypto wallets that hold cryptocurrencies offline. This means they are kept on devices that never access the internet. Cold storage remains the most secure way to keep digital hackers at bay, when it comes to your cryptocurrency.

Cold storage is available either for the individual user—for instance, by keeping cryptocurrencies on a hardware wallet—or through a wallet provider, who acts on behalf of the user.

Custodial cold storage implies data attached to stored digital assets is usually kept on offline hardware, in secret locations - mainly in vaults.

Since cold storage means funds are not readily accessible for transactions, many wallet providers, Isunext included, keep a small part of the assets in hot storage for easy access.

Isunext, for instance, stores 97% of all user funds in safe offline cold storage. The remaining roughly 3% is kept online, so day to day transactions are easy to make. All funds stored with Isunext- as should be the case with any custodial wallet provider—are guaranteed against loss or theft.

Join Isunext and start trading today

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