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About Woodcoin :
Woodcoin (LOG) is a reasonable open computerized cash worked for longevity. Woodcoin (or Logarithmic Bitcoin) appropriation is intended to more firmly demonstrate inexhaustible assets than nonrenewable. The cash supply bend is intended for security, reasonableness, and life span - striking a long haul balance among stagnation and unsustainable development.
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Understand the Woodcoin wallet
Woodcoin (LOG) is a digital currency. It is not like your fiat currency. It's one type of currency in the form of digital code. Let's understand in brief, you can store your fiat currency in a hard wallet, but how can you store your digital currency when the point comes to security? Here, the Woodcoin wallet came into existence.
A Woodcoin wallet is one type of application or software program, or you can say it's a digital application where you can store/hold your Woodcoin without any hesitation because it's very safe. Technically, it's like a bank. Once you credited your currency to the bank. Your bank application shows the number that you have credited to the bank. Same in the Woodcoin wallet, you will see the exact amount you have invested and a quantity according to your money.
Now the question is, what else comes in the wallet? The wallet comes with a security key (private key) called a wallet address to accept and send the Woodcoin.
Let's understand how wallets work.
- How can you receive Woodcoin?
- Start google and type Woodcoin.com wallet app and choose to receive options.
- Select in which wallet you want to receive Woodcoin. Keep in mind selecting a BCH wallet option if you are receiving Woodcoin cash. Else select LOG wallet while you want to receive Woodcoins.
- Now, the wallet generates an address. At that address, you can receive coins. Copy that address and provide it to cryptocurrency exchange or any person who is sending you Woodcoins.
How can you send Woodcoin?
- Open the Woodcoin.com wallet app and select the Send option.
- The first way is to scan the QR code with your phone app or copy the receiver address into your mobile app.
- Choose the right wallet, select BCH while sending Woodcoin Cash or select LOG while you want to send Woodcoins.
- Enter the correct value before sending. And before it, check all the details carefully because any small mistake will put you in trouble.
There is not any wallets exist to store Woodcoin coins