How to use Yada Wallets
Posted on December 4, 2020 – By Frank van der Beek
Last updated on December 10, 2021
What is Yada Wallets
Yada Wallets is a Digital wallet filtering website that helps you find the right Digital wallet for you. Yada Wallet achieves this by giving you the option to filter between different digital currencies, tokens, sidechains and, so much more.
Navigation through the website
When you land on the main page of Yada Wallets, you will see a big orange button in the top right corner that says “Find your wallet”. Click on this button and it will take you to our wallet filtering page. So on this page, you will find the filtering system on the left side of the screen. (on the top, if you using a mobile device). The filtering system has the following options (from top to bottom) Device, Currency, Funds saved with (where are the private keys stored), Side Chains, The supported token protocols and, Extras.
Select on what kind of device you want your (new) Crypto wallet. You can choose between a hardware wallet (which is a special physical device for storing cryptocurrencies), a computer wallet and, a mobile wallet. In this example, we choose a mobile wallet.
Choose what kind of cryptocurrencies do you want to store/use on your (new) wallet. There are many different cryptocurrencies but for this example, we will want to store both Bitcoin and Ethereum in the same wallet.
After having chosen the currency we will now decide if we want to store the Private Key (the only access code to a crypto account/wallet) on our chosen device or if we rather have the company that provides the wallet store it for us. In the example, we choose to store it on our own device.
Now it’s time to choose if we want to have a supported Side-Chain integrated with the wallet. Side-chains are usually meant to make the transactions of certain blockchains faster and cheaper but are not necessary to make use of a digital currency. In the example, we decide to not filter for any Side-Chains.
Now it’s time to choose if you would like a certain token protocol supported within the website. The majority of all tokens are ERC-20 tokens but if you want to use a specific token within a wallet it is best to do a quick internet search to find out what protocol your token follows. So in the example, we choose the most common token protocol ERC-20 (for the Ethereum blockchain).
For the last filter, we can choose if we want any extra’s in our (new) crypto wallet. These extra’s are few but very specific. In the example, we choose to filter for wallets that support lending and borrowing functions for cryptocurrencies and a browser for decentralized applications (DApps).
Having filed in the specifics that we are looking for the website will automatically show us the results. Here you can see all the Crypto wallets that have the specifics that you were looking for. And their overall rating, given by other users of these wallets.
I hope this small blog post gave you the right information to use Yada Wallet with ease. If you have any further questions feel free to contact us through the contact page or one of our social media accounts.
Frank van der Beek