Crypto currency enables anyone from anywhere to receive and send payment. You can transfer your fund; you can record it in public ledger and store it in a digital wallet. Crypto currency uses instructions to verify the transactions. It is a complete secured way of making transaction is as its uses blockchain Technology.
What is crypto trading?
Cryptocurrency trading is all about speculating the price movements by a trading account. It is the buying and selling of coins via an exchange. It exists only when a user wants to send units to another user through the digital wallet. There are various types of cryptocurrencies available for trading like Bitcoin, ethereum, and others.
Methods of crypto currencies
There are two methods of storing cryptocurrencies like custodial wallets and non-custodial wallets. A custodial wallet is defined as one in which the private keys are held by a third party like coinbase, Bitcoin etc. But with a noncustodial wallet, it is easy to store and transact cryptocurrencies. There is no third-party involvement and it serves with two types of private keys. Hawkchain is known to use non-custodial wallets which are a completely safe and secure way of dealing and making transactions while using cryptocurrencies.
- Raw private key
Raw private key is the private key that is in the raw form which is also stored on geographically separated devices.
- Mnemonic seed
It has a value of 12 to 14 words which is designed to encapsulate the private key. It stores on our devices and allows us to store multiple accounts at the same time.
Hawking is a very secure business and has a long-term vision. It is a complete digital band that uses cryptocurrency bank as the medium of transactions. With the help of non-custodial wallets, it can help the users to secure their cryptocurrencies reliably. Digital banking is a medium for large institutions that can help to store Bit coins with the company. They also have customized deposit plans and expert guidance which you can understand if you get in touch with the support team. There are rumors about Hawkchain coin launch in the year 2022.
Using crypto banks
The non-custodial wallet is suggested for the company as the users are given full control of their funds in it. We can do the transactions- buy and sell cryptocurrencies from cryptocurrency Bank, withdraw and make transactions with Bitcoin. It is very easy and it can help you to trade with others and up to two currencies and ever you feel like as it has a friendly user interface.