{"id":8752,"date":"2022-09-29T09:24:02","date_gmt":"2022-09-29T09:24:02","guid":{"rendered":"https:\/\/mdr.foobrdigital.com\/?p=8752"},"modified":"2022-09-29T09:24:02","modified_gmt":"2022-09-29T09:24:02","slug":"sending-receiving-crypto","status":"publish","type":"post","link":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/2022\/09\/29\/sending-receiving-crypto\/","title":{"rendered":"Sending &#038; Receiving Crypto"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">What you&#8217;ll learn<\/h3>\n\n\n\n<ul><li>Setting up a mobile wallet<\/li><li>Understand denominations<\/li><li>Walk through send function<\/li><li>Walk through receive function<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/mdr.foobrdigital.com\/wp-content\/uploads\/2022\/09\/bitcoin-transaction-5682802-4748173.png\" alt=\"\" class=\"wp-image-8753\"\/><\/figure>\n\n\n\n<p>If you\u2019ve read the previous article you\u2019ll now be familiar with the basic concepts for safely storing cryptocurrency, and how a crypto wallet helps you do that.<\/p>\n\n\n\n<p>You\u2019ll also understand some of things that differentiate wallet types &#8211; the meaning of custody &#8211; which can be summarised in the following table:<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-regular\"><table><tbody><tr><td><strong>Wallet Type<\/strong><\/td><td><strong>Soft\/Hard<\/strong><\/td><td><strong>Custodial\/Non-Custodial<\/strong><\/td><td><strong>Hot\/Cold<\/strong><\/td><td><strong>Suitable For<\/strong><\/td><\/tr><tr><td>Mobile<\/td><td>Soft<\/td><td>Can be either<\/td><td>Hot<\/td><td>Beginner<\/td><\/tr><tr><td>Web<\/td><td>Soft<\/td><td>Custodial<\/td><td>Hot<\/td><td>Beginner<\/td><\/tr><tr><td>Desktop<\/td><td>Soft<\/td><td>Non-Custodial<\/td><td>Hot<\/td><td>More Experienced<\/td><\/tr><tr><td>Paper<\/td><td>Hard<\/td><td>Non-Custodial<\/td><td>Cold<\/td><td>More Experienced<\/td><\/tr><tr><td>Hard\/USB<\/td><td>Hard<\/td><td>Non-Custodial<\/td><td>Cold<\/td><td>More Experienced<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>You\u2019ll see the column indicating the level of experience each wallet type is suitable for. Given you are at the Beginner level for How To Use Cryptocurrency, we\u2019re going to choose a Mobile Wallet to run through the following:<\/p>\n\n\n\n<ul><li>Setting up your first crypto wallet<\/li><li>Sending &amp; receiving crypto<\/li><li>Understanding your balance<\/li><\/ul>\n\n\n\n<p>In the next article you\u2019ll learn how to set up a web wallet through an Exchange an essential step in the process of buying cryptocurrency (covered in the fourth article in this section)..<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What you&#8217;ll learn Setting up a mobile wallet Understand denominations Walk through send function Walk through receive function If you\u2019ve read the previous article you\u2019ll now be familiar with the basic concepts for safely storing cryptocurrency, and how a crypto wallet helps you do that. You\u2019ll also understand some of things that differentiate wallet types [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[445],"tags":[],"_links":{"self":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/8752"}],"collection":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/comments?post=8752"}],"version-history":[{"count":0,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/8752\/revisions"}],"wp:attachment":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/media?parent=8752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/categories?post=8752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/tags?post=8752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}