Publish0x processes the monthly payouts by using smart contracts. For this reason, you need to make sure that your wallet can accept tokens sent via smart contracts. Otherwise, the funds may be lost. If you don`t know what wallet to use for your Publish0x payouts, then here are the TOP 5 choices.
No. 1 MyCrypto
Publish0x recommends MyCrypto as a payout wallet, so you can definitely do nothing wrong by choosing this one. MyCrypto offers an end-to-end solution for Ethereum and all ERC20 tokens.
One of the coolest features is that you can interact with smart contracts, use ENS domain names, and swap your ETH & ERC20 tokens directly. It is also worth mentioning that MyCrypto allows you to hide unwanted spam tokens like Minereum or Kicktoken. These tokens pretend to have a value but in reality, they are absolutely worthless, so it`s a relief when you can hide them and keep your portfolio clean.
Finally, MyCrypto also allows you to earn interest on your Ethereum and your stablecoins.
No. 2 MetaMask
MetaMask is a well-known and well-established ERC20 wallet. MetaMask is available as a browser extension and as a mobile app. Over one million users worldwide are using MetaMask.
MetaMask provides the simplest yet most secure way to connect to blockchain-based applications. You are always in control when interacting on the new decentralized web. For this reason, you can use Metamask to easily connect to Decentralized Platforms like Compound Finance or Uniswap. If you ask me, this is definitely the coolest feature of MetaMask.
No. 3 Guarda Wallet
Guarda Wallet offers full support for all ERC20 tokens on the Ethereum network and BEP2 on the Binance Chain. You can use Guarda Wallet also for staking. Right now, Guarda Wallet supports staking for Callisto (CLO), Cosmos (ATOM), Tron (TRX), Komodo (KMD), EOS (EOS), and Tezos (XTZ). Also, there is a GAS claiming option for holding NEO.
By the way, you can also create your own token with the Guarda Token Generator. Guarda Wallet made token creation a simple process by taking care of the technical aspects for you. With Guarda Wallet, you are able to create a token in three easy steps, which is a pretty cool feature that is at least worth to be mentioned.
No. 4 Atomic Wallet
I believe that Atomic Wallet is the best wallet when it comes to staking. Atomic Wallet supports decentralized staking at zero fees. It is one of the coolest features that this wallet has to offer.
With Atomic Wallet, you are able to stake your crypto assets without any fees and you receive your staking rewards directly from validators into your wallet.
Simply choose the cryptocurrencies you want to stake and enjoy decentralized, zero-fee staking. This is what I call quality staking and with Atomic Wallet it`s easy.
Atomic Wallet offers a broad array of cryptocurrencies for staking. At the moment you can stake Cosmos (ATOM), Tezos (XTZ), Tron (TRX), NEO, Komodo (KMD), Algorand (ALGO), Icon (ICX), Cardano (ADA), Band Protocol (BAND), and the Atomic Wallet Coin (AWC).
Atomic Wallet has its own token, the Atomic Wallet Coin (AWC). The Atomic Wallet Membership program is based on AWC. All customers holding AWC-BEP2 receive rewards for using a built-in exchange service. The amount of cashback depends on membership status. The minimum requirement is currently 300 AWC. The cashback rewards will be distributed on a monthly basis and shown automatically on your AWC balance.
No. 5 Trust Wallet
Trust Wallet is a decentralized hot wallet supported by the popular Binance exchange. Trust Wallet works seamlessly with Binance DEX and Kyber Network protocol by allowing you to make instant trades on the decentralized exchange. The inbuilt DEX is by far Trust Wallet`s best feature.
Trust Wallet offers you full support for all ERC20 tokens on the Ethereum network, TRC20 tokens on the Tron blockchain, and BEP2 tokens on the Binance Chain. Furthermore, you can use TrustWallet to store your collectibles.
At the moment, you can stake Tezos (XTZ), TRON (TRX), Cosmos (ATOM), Kava (KAVA), and Algorand (ALGO).
Trust Wallet also has its own token called TWT. Trust Wallet is planning a membership and cashback program but it is not active yet. TWT holders will benefit from discounts on DEX services and purchasing crypto within the app. Cashback will also work on Trust Wallet`s Collectibles Marketplace. This means that anyone who is interested in trading, selling, or buying digital collectibles can also utilize the token.
It is planned that TWT works as a governance token for coin listing and features. Once this governance component is activated, TWT can be used by anyone who wants to take part in making decisions for adding new blockchain support, tokens, and product features.
There are some good wallets out there that you can use for your Publish0x payouts. Personally, I am using more than just one wallet and there are two reasons for this. Different wallets have different features. For example, my first choice for staking is Atomic Wallet, my first choice for swapping BEP2 tokens is Trust Wallet, and my first choice for connecting to decentralized applications is MetaMask.
The second reason is to lower the risk of losing all my precious cryptos at once. If your one and only wallet get compromised and you lose all your cryptos at once, then it is going to be hard to recover from such a serious loss. Visiting a fake website, downloading a fake wallet from the internet or the google play store, and the damage is done. That`s the second reason why I prefer not to carry all my eggs in one bag.
I hope that I could provide you with some useful and valuable information about the best cryptocurrency wallets that you can use for your Publish0x token payouts.
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