What are altcoin wallets and how do they work?

Altcoin wallets play a vital role in the growth and function of cryptocurrencies. These wallets provide security whilst also making it convenient to send and receive funds. They work in an identical way to Bitcoin wallets. In fact, most Altcoin wallets support the world’s largest cryptocurrency.

What are the most secure altcoins wallets?

Hardware wallets have been tipped as the most secure altcoins wallets because of their ability to store your funds offline. With funds safely stored offline, hackers cannot gain access to them. Also, the hardware wallet user is required to press a button or two to confirm transactions before sending.

Do I need to be a techie to use an altcoin wallet?

You don't have to be a techie before you can conveniently operate the altcoin wallet. The wallet provider should have crypto beginners in mind when developing the wallet, this way, you can be sure that anyone can use it.

What is indacoin wallet?

Indacoin Wallet is a mobile Altcoin wallet available for both Android and iOS devices. It enjoys a positive reputation by users and offers a free way to get access to a wallet in seconds. Part of the organisation which owns the Indacoin Exchange, this wallet lets you trade Altcoins as well as buy them using a debit or credit card.