Many people believe that the cryptocurrency is stored in the crypto wallet to which they transferred them, there is an opinion that if the crypto is transferred to a mobile wallet (example: Jaxx), your currency will be stored on the phone - this is an erroneous opinion.
In the blockchain network, the cryptocurrency is stored at the addresses that are written in the blockchain, in fact, the cryptocurrency blockchain itself is the wallet. What then are crypto wallets. All this is an interface for working with the blockchain, they give you the opportunity to interact with your address.
All actions with cryptocurrency are impossible without a private key. A private key is a combination of letters and numbers that was accidentally composed by a robot. Its function is similar to a pin code that signs and allows transactions.
Examples of private keys:
Also, there is a public key that is deployed from a private key. The public key is a hashed version of the cryptocurrency address and does not allow access to your funds. Your cryptocurrency address is deployed from the public key through the HASH function with which transactions can be made
Cryptocurrency is stored on addresses in the blockchain, and not on cryptocurrency wallets.
Wallets use your private key so that you can conduct transactions.
By uploading a private key to a cryptocurrency wallet, the currency remains on the blockchain, and you only get the opportunity to manage it through a convenient interface
Private key and SEED phrase - give you the opportunity to get full access to your funds
The public key and the wallet address are what enable you to conduct transactions
Wallets supported by us:
MetaMask project - known to everyone as a browser plug-in that gives you the ability to conduct transactions on the air. Metamask supports erc20
MetaMask is used as a plugin for entering certain DApps, and some ICOs only accept broadcasts sent via MetaMask.
This is a mobile wallet that has a minimalistic design and ease of use. It is easy to install, it is possible to directly buy coins from exchanges from the wallet.
Unfortunately, it does not support bitcoin, does not create a SEED phrase and does not provide the possibility of two-factor authorization.
A multi-currency wallet that provides you with the ability to store ERC20, ERC223 and ETH
Wallet can be installed on Android, iOS and PC
It supports a large number of cryptocurrencies, private keys are stored by users, which ensures security.
Ether-based cryptocurrency wallet
It is one of the first and best at the moment wallets in terms of the usability, security and number of cryptocurrencies that it supports
MyEtherWallet does not transmit private keys to third parties and they are encrypted on the owner's computer
A centralized cryptocurrency wallet that supports ETH, ERC20 and BTC.
Supports participation in ICOs, exchange trading and standard wallet functions.
In terms of security, ImToken gives you the ability to set a password and a 12-word phrase.
The service has an application for iOS and Android and a web version.
Multicurrency wallet from Ukrainian developers.
Trustee works with BTC, ETH, USDT, LTC, BNB, USDC, PAX, DAI, erc-20 tokens.
It has a nice and intuitive interface, you can customize the displayed coins and pay in just a few clicks.
All these services support Soul Token and are wallets that we trust and recommend that all our users withdraw our tokens to one of these cryptocurrency wallets
When withdrawing Soul Token to other wallets, you may lose them!
How to earn SOUL Token can be found here!