CRYPTO LITERACYKAY GAN | TOKEN ECONOMY ASSOCIATION

FinTech Blockchain (Beginners) Hand-on Crypto

CRYPTO LITERACYKAY GAN | TOKEN ECONOMY ASSOCIATION

DISCLAIMER: TEA, SP, Ernie and Kay is not a registered broker, analyst, investment advisor or anything of that sort. Everything that we have taught is purely for guidance, informational and educational purposes. All information contained herein should be independently verified and confirmed. We do not accept any liability for any loss or damage whatsoever caused in reliance upon such information or services. Please be aware of the risks involved with any trading done in any financial market. Do not trade with money that you cannot afford to lose. When in doubt, you should consult a qualified financial advisor before making any investment decisions.

Cryptocurrency trading/investing involves substantial risk of loss and is not suitable for every investor. The valuation of cryptocurrencies may fluctuate, and, as a result, clients may lose more than their original investment. Any content taught today should not be relied upon as advice or construed as providing recommendations of any kind. It is your responsibility to confirm and decide which trades to make.

We DO NOT recommend cryptocurrency trading or investments.

Disclaimer

CRYPTO LITERACYKAY GAN | TOKEN ECONOMY ASSOCIATION

Cryptocurrency Wallets

Cryptocurrency wallet - Digital wallet that stores public and private keys

Public and Private Keys - Public key is what people use to send you

crypto- Private key is what you use to withdraw the

crypto

CRYPTO LITERACYKAY GAN | TOKEN ECONOMY ASSOCIATION

Hot and Cold Wallets

Hot and Cold

Hot wallets are connected to the internet constantly

Cold wallets are completely offline

CRYPTO LITERACYKAY GAN | TOKEN ECONOMY ASSOCIATION

Pros and Cons of Hot Wallets

Hot Wallets

- Desktop / Mobile / Exchange wallets

Pros:

Easy to transact with, easy to create wallet, available for nearly all cryptocurrencies

Cons:

More susceptible to cybercrime, easy to lose the keys, device breakage, owned by private companies

CRYPTO LITERACYKAY GAN | TOKEN ECONOMY ASSOCIATION

Pros and Cons of Cold Wallets Cold Wallets

- Hardware / Paper wallet

Pros:

Not connected to internet, hard for cybercrime, storage of large amounts of cryptocurrency for long term

Cons:

Lost device / paper = everything gone, setting up is more complicated, not so easy to transact with

CRYPTO LITERACYKAY GAN | TOKEN ECONOMY ASSOCIATION

Demo - Cold Wallets

• Hardware wallet (cold)

• Paper wallet (cold)

CRYPTO LITERACYKAY GAN | TOKEN ECONOMY ASSOCIATION

Exercise: Making Your Own Paper Wallet

• https://vintage.myetherwallet.com/#generate-wallet

CRYPTO LITERACYKAY GAN | TOKEN ECONOMY ASSOCIATION

Demo - Hot Wallets

• Browser-based wallet

• Mobile wallet

• Exchange - Crypto to Fiat or Crypto to Crypto

CRYPTO LITERACYKAY GAN | TOKEN ECONOMY ASSOCIATION

Exercise: Receiving and Sending Crypto

• metamask.io

• Cons: Linked to the specific browser used

CRYPTO LITERACYKAY GAN | TOKEN ECONOMY ASSOCIATION

Exercise: Receiving and Sending Crypto

• Blockchain App

• Cons: High Fees

CRYPTO LITERACYKAY GAN | TOKEN ECONOMY ASSOCIATION

Hands-on

• Backup Seed Phrase - Take down your 12 words

• Change default currency

CRYPTO LITERACYKAY GAN | TOKEN ECONOMY ASSOCIATION

Hands-on

• These 2 buttons - Receive and send

• 1 person from team gets 5 dollars, transfer out to everyone else

CRYPTO LITERACYKAY GAN | TOKEN ECONOMY ASSOCIATION

Hands-on

• Decide who is the person who will send, and rest of you receive

• Change from BTC to ETH

CRYPTO LITERACYKAY GAN | TOKEN ECONOMY ASSOCIATION

Crypto ExchangesTypes

• Crypto-Fiat

• Kraken, Coinbase, Gemini

• Crypto-Crypto

• Binance, Kucoin, Okex

CRYPTO LITERACYKAY GAN | TOKEN ECONOMY ASSOCIATION

Other Useful Websites

• coinmarketcap.com

• blockchain.info

• coindesk.com

• etherscan.io

• https://media.consensys.net/40-ethereum-apps-you-can-use-right-now-d643333769f7