Many uneducated cryptocurrency users leave their coins on exchanges such as Binance or Coinbase. While this is the easy choice, you might be comprimising security! If you do not hold your private keys, you do NOT own your coins. Below you will read about your Stratis Hardware Wallet options, and which one will be the best for you.
Best Stratis Hardware Wallets
The best hardware wallet for storing is Stratis is the Ledger Nano S. Ledger is one of the most well known Hardware wallet creators, and are widely trusted. If you own any other cryptocurrencies, you can most likey store them on here too. If you are interested in purchasing this wallet, check it out on the offical Ledger website. The Ledger Nano S is your best option for any cryptocurrency owner that doesn’t trade. Even if you trade, it is wise to keep a portion in cold storage. The Ledger Nano S is offline, out of reach of any hackers or malware.
Best Stratis IOS Wallet
At the time of this writing, there are no IOS Stratis Wallets that I have used or reccomend.
Best Stratis Desktop Wallet
Check out the offical Stratis Wallet.
Best Stratis Android Wallet
At the time of this writing, there are no trusted Stratis Android wallets that I have used or reccomend.
How to Setup the Official Stratis Desktop Wallet
Once on the offical Stratis website, click the wallets tab. You will find several options for downloads, but for this tutorial we will use the staking wallet. What I love about this wallet is that you can earn Stratis, just for owning Stratis! Expect around 2% returns for holding your Stratis, this isn’t as much as other proof of stake coins such as Ark, Lisk and Neo, but 2% interest is nothing to scoff at. Most Banks offer under 1% interest.
The rest of this tutorial will show screenshots for Mac Installation. Other operating systems will be very similar.
Drag the Stratis wallet to your applications folder, and open it. If you security settings don’t allow you to open the file, try right clicking the file and pressing open. The source code is 100% trustworthy, and is available for anyone to see on Github.
We have now succesfully setup the Stratis wallet. You may need to wait for your Stratis wallet to sync to the network. You can now have coins sent to your public address. To find your Vertcoin wallets public address, click the recieve tab.
If you would like to send your vertcoins to a friend or an exchange such as Binance, click the send tab and enter the neccesary information.
The transactions tab of the offical Vertcoin wallet will allow you to see your past transactions, and any labels you attach to your transactions can be viewed as well.