This article will guide you through the benefits and usage of Crypto Wallets for Bitcoin & Ethereum. Read on to understand how they work and when to use them effectively.
1. Accessing Your Crypto Wallets
Once you've verified your Bitwala Account for trading, you gain access to the Crypto Wallets provided by Striga. To find your Crypto Wallets, login to the Bitwala App and navigate to Cards at the bottom.
2. Benefits of Crypto Wallets
Our Crypto Wallets for Bitcoin and Ethereum offer you a seamless way to instantly trade and store your funds. Here's how they work:
- Buying and Receiving: When you buy bitcoin or ether, the purchased amount is automatically credited to your Crypto Wallets, ready for further use.
- Selling: If you want to sell bitcoin or ether, you can conveniently do so using the funds within your Crypto Wallets.
- Storage Flexibility: While you can use your Crypto Wallets for trading and short-term storage, we recommend using the Crypto Vaults (self-custodial wallets) for longer-term security.
- Crypto Vault to Crypto Wallet Transfers: If your funds are stored in your Crypto Vault, you must transfer the amount you wish to sell from your Crypto Vault to your Crypto Wallet before initiating a sale.