The place to collect your digital assets

place-to-collet-your-digital-assets

Where to store digital assets? What kind of place to choose? Is it free? Where to find it? How to use it? What it really is? This article is a short guide of wallets available to FuturoCoin.

Every cryptocurrency owner needs a place to deposit his/her coins. The crypto industry came with the idea of digital wallets. This article will shed some light on that solution.

Core wallets

From the very beginning, crypto inventors wanted to create a straightforward wallet where crypto investors could store their coins. The simplest way to achieve that was to pack the whole network in the development. Cryptocurrencies are kept on a digital record known as the blockchain.

A core wallet is exactly that. It contains the entire blockchain as opposed to other solutions where some trust must to third parties must be engaged. It means that to get the core wallet on your computer, you have to download a huge amount of data. So, you need to reserve the space on your hardware to own the whole history of the network. The blockchain is maintained by at least thousands of people all over the world. The digital record is growing day by day. For instance, the FuturoCoin’s core wallet requires roughly 350 MB on your computer.

Lightweight (electrum) wallets

Most of the wallets require to bring the whole blockchain on the computer. However, not everyone wants to give up his/her hardware space to a wallet. Electrum came with the idea of creating a lighter and even more minimalistic wallet. Crypto owners don’t have to store the entire blockchain history. Instead, they can download only a small part of blockchain and the rest left on servers run by others.

With the largest cryptocurrencies, downloading the blockchain can take a few days or even a week. Electrum wallet does not require the whole data. It gets information from external servers; thanks to that it is very safe. Imagine if somebody hacks one of the servers (it’s tough to do, but possible). The program still has other services, from which it can take the data. FTO offers a lightweight wallet written in Python, which provides simplicity of use low requirements and fast installation.

To sum up, the lightweight wallet is safe, quick, and the most efficient of all wallets.

Paper wallets

‘Paper’ may sound strange in the context of the world’s most advanced and digitized industry. However, crypto also means the most secure and anonymous.

A paper wallet is designed for people who have a habit of storing their secret data, e.g. passwords on paper. Actual paper. What does that really mean?

It’s pretty simple. Every user of that solution gets two keys: a private one and a public one. A public key can be imagine as a bank account – everyone can see this number but only owner can transfer the money inside. A private key is only for the crypto owner. It is created via the process of randomisation. The program forms usually the 32-bytes number, which is almost impossible to hack (it is much, much more probable to win three times in the lottery on the same day during a cyclone than to break that key). A currency holder can print that code and store it in a safe.

A paper wallet is the most analog solution. On our website, you can download the paper wallet.

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Great Success of FuturoCoin!

FTO-futurocoin-crypto

FuturoCoin – the crypto of the future

FuturoCoin is a cryptocurrency that was created at the beginning of 2018. The mission of this coin is to provide secure, anonymous and – most of all – fast transactions with low fee. FuturoCoin (FTO) is already a part of the cryptocurrency world, but not only due to the increasing amount of implementation on platforms. Thanks to that, FTO besides being an excellent digital asset to invest in, is also a cryptocurrency that fulfills the basic assumptions of this online type of money. Backed by developed community and ecosystem, the exchange rate of the coin of the future is rather stable, but smart investors can gain profit using FTO to trade.

futurocoin-chart

Looking at the FuturoCoin’s chart, it can be deduced that this cryptocurrency is not only a great project with a huge community, but also is good to invest in. What’s more, due to high belief in continuous development, FTO is already listed on 7 big cryptocurrency exchange platforms. Right now, we can announce that FuturoCoin is honored to be listed on – still developing – platform which will be the 8th place where everyone can trade with FTO. The growing interest of traders is making our cryptocurrency popular!

As it was mentioned above, FuturoCoin is already available to trade on 7 platforms where it often hits the record liquidity. You can find it on southXchange.com, Coinbe.net, YoBit.net, Piyasa.net and CoinDeal.com where it is also paired to fiat currency EUR. A few months ago, FTO got also listed on Exrates.me and BitBay.net. Our cryptocurrency is mostly paired with the first cryptocurrency – Bitcoin (BTC), but also with the dollar (USD) and Ethereum (ETH).

8th cryptocurrency exchange platform

Now we can announce that FTO will also be available on the fresh cryptocurrency exchange platform called CryptoStock by DARB. It is a big honor to be listed from the very beginning of the exchange’s activity. It shows not only that FuturoCoin enjoys trust but also interest being considered as one of the cryptocurrencies that have to be available to trade from the start of the crypto platform. At this moment we can’t disclose more information, but follow us on Twitter to be up-to-date with the latest news about FTO. What’s more, if you need any help with FuturoCoin or want to talk about your investment and next move in trading world, join freshly created Telegram Group.

CryptoStock by DARB is a cryptocurrency exchange platform that will allow everyone to trade with cryptocurrencies and fiat currencies, not only limiting itself to experienced traders. Among regular CRYPTO/CRYPTO pairs, there will also be available CRYPTO/FIAT and FIAT/FIAT pairs.

The developers of this platform are calling themselves “a grassroots community of people working on the mass adoption of blockchain based assets” highlighting that they want to put more focus on being the gateway for mass users to crypto world basing on the understatement of the market and current cryptocurrency situation.

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