Frequently asked question (FAQ)
Q: What is Bitcoin?
A: Bitcoin works as an unstoppable form of digital money that runs on blockchain technology. Because of this, it can not be inflated more than its original amount of 21 million Bitcoins.
Q: I can’t find my token/coin?
A: If you are searching for a crypto wallet that supports your specific token or coin you can find it by searching it in the currency tap or by filtering the system on the token protocols.
Example: Jake is looking for a wallet that supports his favorite token “Basic attention token, BAT”. This token is not in the currency tap in the filter system. Jake however found out that BAT is also an ERC-20 token, so uses the filter system to show him only wallets that support ERC-20 tokens. As a result, the filter system shows Jake dozens of wallets that support (all) ERC-20 tokens and thus also supporting Jake’s token “BAT”.
Q: What is the best crypto wallet?
A: This depends on what currency you would like to use and what functions you want inside of the wallet. To find the best crypto wallet for you we would recommend using our unique wallet finder filter function.
Q: Can I have multiple crypto wallets?
A: Yes, you can have multiple crypto wallets. Some wallets even give you the option to have more than one wallet address inside of the same application.
Q: What is a hardware wallet?
A: A hardware wallet functions as an offline crypto wallet that stores the private keys on a physical device. People use Hardware wallets for maximum security of bigger amounts of Bitcoin or other valuable tokens.
Q: Can crypto wallets be hacked?
A: Although most crypto wallets have top-of-the-notch security it could be possible that through a flaw in security your wallet will be hacked. The change of this happening is not likely and if the right security measures are taken and a good virus scanner is active on the device, then it would be almost impossible. So always make sure you have a good virus scanner and that you check the security measures of your wallet before carrying large amounts of value on them.
Q: How do I make sure my crypto wallet won’t get hacked?
A: If you use a good virus scanner and implement a password on your encrypted wallet you should be fine.
Q: What if it forces me to open my wallet and steals my Bitcoin.
A: Just like with physical (fiat) money and digital (fiat) money it is possible that someone on the street would threaten you for your money. For this reason, it is important that you never carry a fortune inside of your pocket. But use something like a hardware wallet as a bank account that you can store away safely where no one can reach it besides you.