What are some typical pain points using crypto wallets?
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Hi, I am a product manager and a developer, new to the crypto space and am curious about crypto currency and wallets from the product stand point for consumers in UK/Europe.
I want to know. What are the top 3 pain points that consumers face when trying to purchase cryptocurrencies?
Are these problems different than what institutional investors face when purchasing cryptocurrencies?
How do you think it could be solved?
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Having not purchased cryptocurrencies, apparently availability is one thing. Control is another. Easier susceptibility of loss. Extreme instability.
Have you tried looking in the Official Thread about this topic?
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I have bought/sold these in the past and as a normal consumer it's piss easy now. It used to be convoluted but it's not anymore.
The pain is either finding an exchange to keep them that can be trusted, or storing them yourself in a way that's robust enough to keep them safe but vaguely accessible without losing them.
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Judging from the stories I've heard both in person and from random places on the Internet: people forget the password(s) for their wallets.
Easiest way to solve that problem is to not buy cryptocurrency.
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@Parody said in What are some typical pain points using crypto wallets?:
Easiest way to solve that problem is to
not buy cryptocurrencypost your password somewhere you'll be able to find it, like on your Twitter feed
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@Jaloopa said in What are some typical pain points using crypto wallets?:
@Parody said in What are some typical pain points using crypto wallets?:
Easiest way to solve that problem is to
not buy cryptocurrencypost your password somewhere you'll be able to find it, like on your Twitter feedAka the "Linus backup" way
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@Jaloopa said in What are some typical pain points using crypto wallets?:
@Parody said in What are some typical pain points using crypto wallets?:
Easiest way to solve that problem is to
not buy cryptocurrencypost your password somewhere you'll be able to find it, like on your Twitter feedThis is perfectly safe if you encrypt the password to your encryption key with your encryption key.
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@error said in What are some typical pain points using crypto wallets?:
@Jaloopa said in What are some typical pain points using crypto wallets?:
@Parody said in What are some typical pain points using crypto wallets?:
Easiest way to solve that problem is to
not buy cryptocurrencypost your password somewhere you'll be able to find it, like on your Twitter feedThis is perfectly safe if you encrypt the password to your encryption key with your encryption key.
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@error said in What are some typical pain points using crypto wallets?:
This is perfectly safe if you encrypt the password to your encryption key with your encryption key.
