Ethereum Wallets Explained Simply (Smart Contracts, Gas, Transactions)

Start trading Bitcoin and cryptocurrency here: https://bit.ly/3gfXFSA

Ethereum wallets allow you to hold Ether as well as to write smart contracts. Beginners will be better off using wallets that do not allow smart wallet functionality as they are much simpler to use.

The best Ethereum wallets for beginners are:
Ledger
TREZOR
MyEtherWallet (MEW)
Exodus
Edge

If you are looking for a smart contract wallet (also known as a full node) take a look at Mist.

Gas is the unit used to measure how much transaction fee you'll need to pay. It is calculated according to the complexity of your requested action and the traffic across the Ethereum network.

00:33 - Ethereum wallets in a nutshell
01:03 - Ethereum vs. Bitcoin
01:40 - Ethereum accounts
02:58 - Ethereum transactions
3:55 - Ethereum wallet types
07:11 - Ethereum units
07:52 - Gas and fees
11:52 - Ethereum fees summary
12:10 - Conclusion

Learn ANYTHING about Bitcoin and cryptocurrencies on our website

Visit Our Website : https://metapayclicks.com
Telegram channel : https://t.me/metapayclicks
Facebook page : https://www.facebook.com/metapayclicks/
Linkedin : https://www.linkedin.com/company/mpc-network/
Twitter : https://twitter.com/MetapayC
locals.com : https://locals.com/member/MetaPayC
Instagram : https://www.instagram.com/metapayclicks/
Tumblr : https://metapayclicks.tumblr.com/
Youtube Channel : https://www.youtube.com/channel/UCwAamK7hbpF51HcPgJSTuVA
Flickr : https://www.flickr.com/photos/196588923@N04/
Tiktok : https://www.tiktok.com/@metapayc
Dribbble : https://dribbble.com/metapayc
Vk : https://vk.com/id752424948
Reddit : https://www.reddit.com/user/MetaPayC