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Home Wallets PAL Network Wallet Review : Singapore-Based Dual-Layered Protocol

PAL Network Wallet Review : Singapore-Based Dual-Layered Protocol

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About PAL Network

PAL Network (PAL) is a Singapore-based dual-layered protocol for financial assets that aims to enhance access to insurance protection. PAL Network launched its Mainnet on 31 December 2018. Revolutionising the world one step at a time mission is to make insurance simple & flexible, so you can get covered with a peace of mind.

Cryptocurrencies have become so popular today, thanks to its mesmerizing technological innovation. For an investor to trade in digital currencies, getting the best desktop wallets in 2019 is one of the pre-requisite.

Why PAL Network

Simple

PAL Network Convenient and accessible for your everyday life. Buying & claiming done in 3 simple steps.

Fair

As your premium is pooled together with other members, your payout is drawn from the pool upon a claim.

Personalised

PAL Network Protection that you really need for a fraction of the price. Get the bite-size coverage you need.

How to  get started

  • Download & install app
  • Purchase by credit card in USD or PAL tokens (for 50% off)
  • Get covered within minutes

Best 5 Wallet For Storing PAL Network

1. Exodus

Purely a desktop cryptocurrency wallet, Exodus supports over 30 cryptocurrencies including Bitcoin, Litecoin, Dash, Zcash, Ethereum among the popular ones. This lite wallet offers a user-friendly interface, and you never have to store the entire blockchain in your desktop. For the transactions made using Exodus wallet, the fee is paid to the network and not Exodus. It is the first desktop wallet that supports the functionality of ShapeShift which makes it a better option than electrum wallet review. However, it does not support two-factor authentication and multi-signature.

Download Exodus wallet

2. Atomic Wallet

Atomic wallet is a desktop wallet. It is one of the best wallets by far as it supports all ERC20 coins. Users have full control of their private keys and seeds as all of them are stored in the device itself and none is shared in the browser or server. Users are still advised to safely store their seed passphrase for future use. The Atomic Wallet is available in Android phones as well. The iOS version will soon be launched. Another unique feature of Atomic Wallet is that it has its own official token called the AWC.

Atomic Wallet

3. Armory

Armory is the first open-source cold wallet for Bitcoin storage that also features multi-signature support. If you are looking for a safe storage option, this wallet offers multi-signature support and other advanced security features. It helps you set up multiple wallet addresses to separate a user’s personal Bitcoin account form his other funds. It comes with cold storage support wherein your private keys are stored offline, keeping them away from any type of online hacks. This remarkable wallet is free to install and use, and is compatible with Windows, Mac OS X, and Linux systems.

Download Armory wallet

4. Electrum

Let’s start with electrum wallet review. Did you know approx 10 percent of all bitcoin transactions occur on Electrum? This lightweight desktop bitcoin wallet supports multiple operating systems such as Windows, Mac, etc. It is integrated with premium hardware wallets such as TREZOR, KeepKey and Ledger Nano S. As a service provider, Electrum charges transaction fees, and the default fee is a flat rate of 0.2 mBTC. It is not ideal for beginners and only supports bitcoin.

Download Electrum wallet

5. Jaxx

A multi-chain wallet which initially provided support for seven cryptocurrencies, namely Bitcoin, Ethereum, Dash, Ethereum Classic, DAO, Litecoin, Bitcoin Cash and is now adding on the list. It focuses on simplifying the blockchain and attracting the masses to its unique selling proposition. This wallet gives the user full control as it can be accessed via both – desktop and mobile applications; and available as a desktop app, Chrome extension, and Android and iPhone apps. It has been tagged as one of the best multi-currency wallets in the cryptocurrency desktop wallets review 2019, although it does not offer multi-signature and two-factor authentication.

Download Jaxx wallet

Tips for securely storing your PAL Network

  • Do your own research. Before sending any coins or private data to a wallet, make sure you have researched the wallet provider to make sure everything is above board. Keep an eye out for scam wallets, such as those using URLs only slightly different to the URLs of legitimate wallet providers, and check out some independent reviews for all the pros and cons.
  • Back it up. Make use of your wallet’s back-up and restore facility so that if something ever goes wrong with your wallet, you’ll be able to recover your funds.
  • Set a strong password. Now is not the time to be lazy when creating a password; take your time to create a strong and uncrackable code.
  • Make use of all available security features. Make the most of all the security features your wallet offers, such as two-factor authentication or multi-signature transactions. It’ll offer increased protection for your funds and greater peace of mind for you.
  • Update your antivirus software. Take care to regularly update the antivirus protection and anti-malware software on any device you will be using to access your wallet.
  • Keep your private keys private. Last but not least, don’t underestimate the importance of your private keys. Store them somewhere safe and don’t share them with anyone else.
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Vernahttps://coinworldstory.com
One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 4100+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.

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