In order to hold cryptoassets, you must obtain an address generated by a wallet. A cryptoasset address is similar to a bank account number.
A cryptoasset address takes form through a combination of 26 to 35 letters and numbers. The following is an example of crypto address: 3LeTsJninxrc489rjZseMvmkmkGVPqvzk5
There are two ways to generate a cryptoasset address:
1/ Generating a cryptoasset address quickly, and for free through a mobile application:
Download Coinomi (on your Play Store or Apple Store). Next, follow the instructions detailed in the video below:
NB: It is EXTREMELY IMPORTANT to write down your recovery phrase. Your recovery phrase also referred to as your SEED, is a list of 18 words in blue that will enable you to recover your funds if you are to lose your phone or delete the application. It is the only way to recover your funds if one of those two scenarios occur.
We recommend any client whose investment surpasses 500 euros to obtain a Ledger Nano S or Ledger Blue in order to store his or her cryptoassets.
The Ledger Nano S allows users to generate a cryptographic address in the safest of manners, offline, what is known as a cold storage. This enables users to control their assets and prevents anyone from having any knowledge of, or access to, these funds.
The Ledger Blue’s colorful touch-screen that allows for applications to be access directly on the device’s screen makes it a bit more onerous. Users are able to verify details of transactions and control each operation through an intuitive interface that is easy to handle.
You can find a holistic tutorial on how to use your Ledger Nano S and access your wallet’s addresses here.