*You can skip the wallet creation steps if you already have a wallet with you.
To get started, you need to connect your choice of wallet on the SALTZ website & get ETH tokens or join the SALTZ Telegram Bot and start trading instantly. Users can get the ETH token available on the Ethereum chain & then get them exchanged with SALTZ coins directly on the Official SALTZ Website (saltz.io), or deposit ETH token into their connected wallet on SALTZ Bot or the users can exchange SALTZ with ETH tokens on the official Uniswap Website (https://uniswap.org/).
When you're setting up any wallet, be sure to
â Download and install only the latest version from an official source.
â Follow the setup guide carefully.
â Safely backup your recovery phrases.
â NEVER share your recovery phrases with anyone, under any circumstances.
â NEVER input your recovery phrase to a website or app, other than your wallet app.
(Add tables for desktop and phone wallet)
Desktop Wallets
Trezor is the first cold wallet which has been invented to safely store bitcoins and other cryptocurrencies offline, that is outside of the internet connectivity.
Pros:
Highly secure offline storage.
Touch screen available for fully on-device entry.
Cons:
No native staking or NFT management.
No Bluetooth connection or mobile app.
Ledger wallets are hardware cryptocurrency wallets made by Ledger. Ledger's hardware wallets are multicurrency wallets that are used to store private keys for cryptocurrencies offline.
Pros:
Native staking and NFT management.
Mobile app with Bluetooth connection.
Robust crypto education library.
Cons:
Software isnât fully open source.
The Exodus wallet is a desktop-based digital asset management system that allows users to store, manage and exchange cryptocurrencies.
Pros
Easy setup process
Supports 291 cryptocurrencies
Exceptional customer service
Regular update schedule
Staking available
Cons
Lack of 2FA security protection
No support for crypto-to-fiat conversion
Not open source
Lack of custom fee support for altcoins
Mobile Wallets
MetaMask is a very popular browser-based wallet plugin that supports ERC20 (Ethereum network) and BEP2 & BEP20 (Binance Chain and BNB Smart Chain networks).
âPros:
Open source for auditability
WEB3 capable on BscScan
A strong history of security and reliability
A large amount of how-to guides and resources online
Many tools and custom settings
Offers ETH purchases with Transak
Supports a very large number of languages
Is also available a browser plugin for desktop devices
Cons:
Longer setup time than other options
Additional steps needed to use with BNB Smart Chain and PancakeSwap
Extra information and settings may confuse beginners
Millions of users choose Coinbase Wallet to earn yield with DeFi, swap more than 5,500 assets, and hold their NFT collections. Coinbase wallet supports BEP2 & BEP20 (Binance Chain and BNB Smart Chain networks).
Highlights:
Most downloaded mobile dapp wallet in the United States with 12M+ active Wallet users.
No additional steps needed to use with BNB Smart Chain and PancakeSwap.
Premier audience: Up to 89M+ Coinbase retail app users to onboard to Coinbase Wallet as they start to explore web3.
Easy to transfer assets from Coinbase retail app.
Fiat On-ramp: Users can now directly purchase crypto with fiat in all 86 countries where Coinbase operates, without leaving Wallet.
Industry leading security with secure cloud backup.
SafePal is available as both a software and hardware wallet. The wallet is easy to install and create, and comes ready to support BEP2 (Binance Chain) and BEP20 (BNB Smart Chain) right away.
Pros:
Easily switch between several crypto networks
Offers 25% fee discount paying with BNB (requires login)
Has the option for Google Authenticator built in
Supports a large number of languages
Setup process is very simple
Is available as both a software and hardware wallet (work together)
Supports NFTs on both the BSC and ETH networks
Cons:
Isn't fully open source
Has some features that are not yet ready for use (such as DeFi)
Does not give user notifications
Does not enforce strong security during initial setup and wallet creation
Has fewer online resources than more established wallets