Crypto Wallets Explained Beginner's Guide 2024

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A beginner's guide to crypto wallets, what they are, how they work, and how to get started with crypto apps, dexes, and more onchain.

In this video I explain very simply how you can get started with crypto wallets for complete beginners. Even if you have no experience with crypto, you should be able to get started using crypto wallets and buying crypto onchain by the end of this video.

Wallet links:

My favorite wallet Rabby (affiliate link): https://rabby.io/rabby-points?code9DBPIQI2

Metamask Wallet: https://metamask.io/

Coinbase Wallet: https://www.coinbase.com/wallet

Rainbow Wallet: https://rainbow.me/en-us/

Phantom Wallet (Solana): https://phantom.app/

Keplr Wallet (Cosmos-based chains): https://www.keplr.app/

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AFFILIATE LINKS:

My favorite wallet Rabby: https://rabby.io/rabby-points?code9DBPIQI2

Stake your ETH with Swell: https://rb.gy/mvnk2

My favorite hardware wallet: https://trezor.go2cloud.org/aff_c?offer_id135&aff_id32260&sourceYoutube

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*IMPORTANT PLEASE READ: None of this is intended as any form of investment advice, I'm just sharing my journey to a million and going over what I'm planning and the strategies and tactics I'm using to try to get there. I'm almost always talking about tokens that I own and have a clear tendency to see them increase in value.

Always do your own research! I'm a normal guy who makes mistakes and has made a lot on this journey so far. So if you choose to blindly copy what I do, you won't just make a ton of money. I have had investments where I lost EVERYTHING. I'm not just saying to do your own research for legal cover, but because you really need to do your own research and make your own decision. If you don't understand what you are investing in, you can lose a LOT of money! Especially in crypto, which is super super risky. Many of the projects I like to jump into are very small crypto projects, which makes them even more insanely risky. Past performance does not mean the project will do the same in the future; no one can predict the future and what will happen next. I'm quite passionate about this, I'm by no means a professional investor. I'm on my way to a million dollars, I don't even have the experience to have made a million dollars. All of this is to share my journey because I believe there is value in seeing me both succeed and fail. It's my story I'm sharing with all of you, DO YOUR OWN RESEARCH and don't copy me blindly

Also, all of this information may be accurate at the time I record and post it, but things may change in the future. Especially in crypto, things change quickly, so keep that in mind. Thank you!

I hold investments in the tokens I'm talking about unless I say otherwise. It's best to assume that when I talk about it, I own it.

My disclosures: https://www.hammerforgedcreative.com

0:00 – Introduction

1:00 PM – Wallets explained

1:54 – My favorite wallets

2:33 – Seed phrases explained

4:49 – Hardware wallets explained

6:23 – Basics of sending money

7:05 – Wallet addresses explained

8:20 – How to finance your wallet

8:56 – Gas explained

10:40 – How to use a DEX