XcelPay a Cryptocurrency Wallet.
Cryptocurrency wallets
are software programs that acts like any other digital wallet, but instead of
tracking traditional monetary transactions, these wallets track your
cryptocurrency transactions- they help you store your keys (public and private)
and helps you monitor your balance. They provide you with access to multiple
cryptocurrencies, that you can use to transact with.
Currencies
on your wallet, unlike a traditional wallet, don’t get stowed in one single
location. All the records are stored on a blockchain network. For a transaction
to happen and to unlock funds the private key on the wallet must match the
public key that the assets are assigned to. There are different types of cryptocurrency wallets, Desktop- to be
installed on a laptop or PC, these offer the highest level of security. Online
wallet- they run on cloud and are accessible from any location and through any
device. They store your keys online,
that could easily be hacked making them vulnerable to theft. Hardware- these
are different from a software wallet; they store the private key in a USB or
any other hardware device. Even though the transactions happen online, they are
stored offline. Paper- they are easy to use and come with maximum security.
Mobile- the most useful because they can be used in day to day expenditures,
the best example of this is XcelPay, it provides you the security that you need
and the transactions mode is simple.
XcelPay is
one such app that allows its users to transact using multiple cryptocurrencies
that you can use on your shopping trips or to simply buy a coffee.
Cryptocurrencies are now gaining traction in everyday transactions, that make
life easier. XcelPay also cuts down
unnecessary transaction fees that come with any credit card or digital
transaction.
Download XcelPay app- a go to cryptocurrency wallet on Android or IOS
app stores.
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