The Crypto Solution Wallet

Learning the basics of WALLETS without risking your money.

Stellar Practice Wallet (MOCK)

🚀 Stellar Practice Wallet (MOCK)

FULLY SIMULATED (No network activity) - For stable practice only

Step 1: Generate Your Keys

This step generates a simulated **Public Key** and **Secret Key**.

Remember, in crypto, YOU are the bank. and your wallet is the vault holding your assets.  It is totally up to you to safeguard your assets.  If you lose your KEYS or access to your wallet, there is no recourse.  Keep your KEYS safe.  There are many stories of people who have millions locked up in a wallet that they have lost access to.  It is a very common thing.  Keep your KEYS safe.

The Crypto Solution pays you the equivalent of your US Dollar earnings in XLM, sent directly to you in the wallet of your choice. If you select the correct wallet, you have the ability to swap out XLM for any other currency that you choose, crypto or fiat. Keep in mind that cashing out may be a taxable event. If you have large amounts of XLM, it may be wise to keep them in cryptocurrency and borrow against them. There are some wallets that can facilitate that process for you quite easily. 

Taking your  crypto as a loan may be an option for you. It would allow you retain your cryptocurrency as collateral and take the cash to do with as you please. Right now, loans are not taxable events and thus probably will not affect your tax liability. The wallet that I recommend for getting loans is Guarda.

Also, there are debit cards attached to some accounts, including Coinbase.  Crypto.com also has a debit card option making it easy to move money from a wallet to the card.

 In any event, it may be wise to consult a tax professional about any of these options. Remember, we are not financial advisors or tax professionals.