Beginner's Guide to Cryptocurrency and Decentralized Finance

hello everyone uh welcome to episode 74 um this video is kind of like a a summarized version of the discussions

that I've had with anyone this year whenever people have approached me and said that you know help me understand

about crypto help me get on to crypto right and I'm kind of repeating some context Elements which I thought

probably have not made it in a summary version in a video it spread across multiple videos and I tell them you know

watch these three or four episodes and the Hang off it but I thought I'll make like a you know 25 30 minute video which

is like a summarized context version that I can give to someone and say that this is it this is how you start in

crypto and this is these are the concepts the basic concept especially about def decentralized Finance because

um that's something that I think you know is still close to my heart because this is something that I've been

teaching for the last 50 plus episodes and and I wanted to explain this in one video like a beginner video for everyone

let's get on to the video we'll start with the disclaimer and warning as usual I'm not a financial advisor or

investment expert all of the videos that I've shared are just based on my own learnings take your own decision based

on your own research again never ever send your money to people who call themselves as professional broker or

investment adviser because pretty much all of them are frauds um and I'm very active in Twitter xplatform at CH leers

my handle so again just a brief summary right you know what does actually what does it mean when you say you know

moving from Central exchange to decentral exchange and why should you start your journey in crypto more on

descent exchanges and why should you quickly move even if you're on Central exchange why should you move to decent

exchanges right so if you followed my videos in the last four years from episode 23 onwards this has kind of been

my theme I've done various demos on various different blockchains with uh with explanation on how to operate on

those blockchains what wallets to use and so on what I'll be doing in this video is I'll also be providing like a

cheat sheet an Excel sheet which contains all the wallets that I'm using and for which blockchain which wallet

needs to be used and why these wallets needs to be used for these blockchains I'll kind of cover it in a um a brief

Excel sheet and share that Excel sheet as well and I have been warning uh in for the last more than one year that you

know moving that I have moved my funds out of centralized exchanges to decent exchange and why we should be moving it

out because you know no Central exchange is safe A lot of people ask me you know after the VX incident is coin dcx safe

is is this safe that safe none of the uh centralized crypto exchanges are safe to keep funds in and at any point of time

you could either be frozen out like coinbase is doing with a lot of people they're freezing the accounts of a lot

of people without any warning without any reason whatsoever so the the first thing is the central exchange can do

that the other thing is Central exchange can get fully hacked like vazer X had and they can freeze your complete assets

and it could happen to any Central exchange so none of even binance or coinbase none of the central exchanges

are safe so I kind of created this image which depicts the whole summary of this

video and I kind of used an AI tool to create this video so all the Imagine The the blockchain is a big Ocean or

interconnected Seas or all the you know oceans of the world being connected together right and the centralized

exchanges are like small pawns or small pools or small pawns on the sides of the blockchain which are controlled by

individuals or private organizations whereas the sea or the ocean is not basically you know owned or controlled

by anyone it is common for everyone and so in these small ponds around these blockchains around the the ocean you've

got a lot of fish there as well but the fish is controlled by the owner of those pools or pawns so if vazir x or coin dcx

or crypto.com or binance decide these are the the 100 varieties of fish that are going to be available in that pond

only those will be available in that pond and you will have an entry charge you have an exit charge and they can

very at any point of time they can say that you cannot come into this pool any longer you know it's only it's fully

controlled by us so this is how the central exchanges Works whereas if you see in the middle all of the uh the

blockchains kind of make up like the ocean or the the sea and it's free for everyone like anyone can access it at

any point of time from any point in the world you can go into SE right so you can and once you go into the water of of

an ocean then every blockchain is interconnected so similarly every water source is interconnected you can pretty

much go around the whole world in water itself world is made up of water right so that's how blockchains are also

interconnected that's how vast they are and what we the small boats that that they are that I've shown on this image

those are like you know what we use to navigate the oceans those are like the non-custodial wallets the wallet apps

that we use to navigate the ocean of blockchain so this is kind of depicting how free uh you are in a blockchain When

you entered it that you can catch pretty much any fish you know all the fish is available and you can there is no

restriction on what fish is available and what fish is not available take a moment to observe this image right and

this will you know we'll kind of keep referring back to this and this will keep resonating with you when you

understand and try and more and more understand this this whole video this image is going to kind of resonate to

you more and more when we go along this video right so just a small summary of differences right so the small pawns are

the central exchanges they can be controlled by the private companies they can be controlled by the government

whereas the ocean is as free as the internet allows us in in many countries so again you know if if you believe we

are in a full democracy we should be allowed to access all of the content in the internet but if there are countries

where even the open internet the internet is not as open as it should be so again it it depends on the level of

democracy in our country you know how open the access to the ocean is or all access to the the water sources right so

and in a small pond Only The Limited fish that are decided by the owners are available whereas in in uh in the open C

like in blockchain you can pretty much catch even the newly minted tokens like you know if the token was created like

previous second you can actually start uh buying it this second and you can catch from the Bitcoin which is the

whale to the smallest m coins possible so the the pawns that I shown in the previous image they only connected in

limited way and only if the pond owner decides to allow you a connection to the ocean that you can have connection to

the ocean as well if the uh the centralized exchange owner decides that you can't withdraw funds or you can't

withdraw crypto onto a blockchain then you can't withdraw crypto onto a blockchain a lot of Indian exchanges

used to do that they never allowed you to take funds out of the crypto exchange onto the blockchain so however in

blockchain all the blockchains are interconnected that you can actually Bridge from one blockchain to the other

as a beginner it's probably useful that you know before going out to sea to learn how to fish in a small pond like

you're getting to the you understanding the basics and this is what I was also saying in the beginning that you know

use a central exchange where you are trying to understand the concepts of what fishing is even but once you've

done this then you can actually take a free boat which is a non-custodial wallet and you can go to the ocean and

blockchain is again kind of similar so you can kind of see the relevance here why I used an image like that to to kind

of explain um what I'm trying to say in this video about Central exchange and non- centralized exchanges or

decentralized exchanges so again there is a uh the wallet difference is called custodial wallet the technical name for

it in a central is called custodial wallet and the wallet that you can create on your own is called a

non-custodial wallet so this a custodial wallet has got a centralized login and a password is maintained by a centralized

exchange organization non-custom wallet is not maintained by anyone it is directly created on the blockchain so

technically you will get a um instead of a password you'll get a private key or a 12w pass phrase which you can keep

safely if you've got that then pretty much anywhere that you are allowed to access the internet you should be able

to access the funds in the blockchain in the wall in the wallet that you have created so at any point of time um these

Central exchanges can block you from accessing the custodial wallets they can get hacked and you your funds may not be

accessible from that point onwards or the country regulations may stop you from accessing like you know binance was

blocked in India for a for a long time uh today Mex is blocked in UK um that we cannot access it so like that the

country regulations can stop you from accessing a centralized whereas in decent exchanges there should

technically be no geopolitical uh um blocking but even in some of the developed countries like UK these days

there are some uh even like ad drops are being blocked by the country so it currently depends on the scenario that

we are in that I'm talking about some common myths about D is that you know um it is very complex to create a

decentralized wallet or you know to to create a non-custodial wallet it's actually one of the most easiest things

you know it is it takes like literally few minutes based on my videos and I've got a lot of feedback when I met people

as well people with zero technical background have actually learned to create a non-custodial wallet in few

minutes just watch just like in a few videos they able to go and create a video so episode 24 and 25 is a perfect

example where teach you all the basics about creating a a non- centralized non-custodial wallet another uh common

myth is that you know you need a centralized exchange to put your money into only then you are able to buy

something and then take it to decent so you can you cannot onramp the technical term is called onramp cannot onramp um

money into the blockchain without the cental exchange this is again probably was true to a certain extent in 2020

2021 but today almost every wallet uh and most of the blockchains offer direct and again I'll show you in the Excel

what wallet what options are there and how you can buy uh directly using your debit card credit card bank account uh

the the third party providers who allow you to buy crypto directly on your non-custodial wallet in multiple

blockchains so in episode 60 for example I had shown a demo of depositing um money into arbitrum on metamask directly

in uh in some countries like for example in UK you can deposit using Revenue using Apple pay in some countries you

can do it using debit card credit card online banking Etc so I'll again show this in the Excel that I'm going to show

another common meth is that um okay putting money in is fine but taking money out to offramp the technical term

you still need a centralized exchange this is true to a certain extent because if you're taking out a large amount of

money um then you probably better of taking it through a centralized exchange because there isn't uh as much adoption

to uh the offramp process uh in terms of the decentralization but both visa and MasterCard have actually started

partnering and and uh allowing you to create um or allowing you to connect your uh Visa card or Master cards with

D5 wallets directly which means that you can directly spend money or crypto that is sitting on your D5 Wallets on your

non-custodial wallets uh um right from the metamask wallet itself so metamask itself in fact in Europe it is traling

out something called as a metamask card there is a provider called offramp for example there are multiple providers

that allow you to spend your crypto directly from your non-custodial wallet another common myth that used to

be there was that you know it is really difficult to move from one blockchain to another blockchain again this used to be

difficult in 2020 2021 but in the last four years things have Chang changed drastically that the bridging Concepts

have uh evolved and you know Circle cctp for example they've made it so simpler to move usdc from one blockchain to

another and also there are lot of new bridges that have come up new bridging techniques that have come up and most of

these bridges are cheap and fast uh like you know previously it used to take hours for bridging from one blockchain

to another now it can be bridged in like mere seconds except for ethereum where the gas fees could potentially be higher

except ethereum most other blockchains in between L1 and L2 you can move it quite quickly and fast and cheap uh both

another common D5 myth is that wallets D5 wallets especially nonc WS can easily be hacked or compromised this is again

you know uh very very subjective it's almost as true as you know saying emails and bank accounts can be hacked um

emails can surely be hacked if someone uh you know knows your password or login details and it can be compromised the

same thing here basically so if you are careful if you are as careful as your bank account login or your email login

with your wallet login details then chances of you getting hacked are kind of similar to your back account versus

your uh crypto wallet so and also another good thing to do is probably you know keep multiple wallets you know I

keep for example 10 wallets so that even if one wallet is gone like I'm probably losing about 10% of my funds so I'm

spreading my funds and and allowing me to protect them a little better as well right so some of the safety tips that we

can follow uh is that when you're creating a wallet you'll be shown this 12 recovery phrase this is like your

password and some um wallet apps show you another security setting called private key if you have either of the

wallet uh recovery phrase or your private key then you can recover anyone can recover that is the whole concept so

the the the thing is that you need to keep it very very safe so you shouldn't be um you know you shouldn't be putting

it as it is like if you have a 12 pH I can't just copy it and put it in the email just like that right because if

there's a Brute Force breaking into your email or into your computer and they read the 12w the immediate first thing

that the algorithm or the AI is going to know is that going to take it and try and see if there is a recoverable wallet

behind it so what else do you do you can either uh you can either write it down physically with a bit of twist or if

you're going to keep it in digital format just twist it a little bit you know change a few words that only uh you

will know or you will understand or it's not machine readable at least right and so um but make sure that you can

understand it for sure and also if you're writing it down or if you're keeping it somewhere make sure that your

next tokin your wife or your kids or whoever it is make sure an exofin knows how to access it as well so that it's

safer in case something happens to you then at least they know where to access it how to access it and again you know

like I said already have multiple wallets so that can be the risk can be spread across so uh the other safety tip

is that when you are trying out a new decentralized application let's say there is a new uh Unis swap like uh D

app that is coming so so another big safety tip is that uh when you're exploring a new

decentralized app like you know somebody's given you a new link for example or you've seen it in Twitter so

don't connect your uh main account or your main holding wallet where you've got a lot of funds have a small wallet

for it so connect with that wallet and and make sure that you're comfortable with the new app for you know one or two

days before you connect your main app to it especially you know add drop links or whatever it is do not always click and

and connect with your main wallet because it is always good to trial with a small wallet first especially trying a

a new decentralized application no matter who shared it and several times the most common way people get people

fall for is that a Twitter account or a telegram account has been compromised somebody's you know even you know some

sometimes even you know people like Trump and Elon mus their accounts could get compromised when and you will see

that the link coming from their account saying that urgent ad drop know if you click on this you'll get 100 PS and

that's where people fall for it and click on a suspicious link which then will connect to their wallet and will be

a drainer uh app that that has been built so whenever there is a u um a PSE that it sounds too good to be true don't

believe it just do enough investigation and again make sure connect with the small wallet so and especially if anyone

messages you directly and says uh you know let's tral out let's try and recover your funds let's you know

connect to this particular link never connect to those links in private messages or you know give them any of

your recovery codes or any of the details because most of the time people who message you directly they're all

scammers okay so some more Basics before we go into the Excel wallet now there are a lot of wallet apps like you know

onsan wallet previously it used to be called a c D5 wallet metamask rabi Soul flare Phantom why do we need these many

wallets right so I'll explain it when we go to the Excel um but primarily imagine wallets are like browsers you know your

recovery phases your login details so like how you can uh connect you know you can access the same web page in multiple

browser windows same way you can access the same account potentially with two different wallets by importing and or

what is called as a cloning process so I could have like for example CC info open in one website and Chrome browser I can

have Quick Info open in in Nintendo Explorer in Safari or in different browsers of the same time right same way

I can open the same account in multiple different wallets and the wallets will slightly have different functionalities

different futures for example right so um that's how it works that you could have it open in a phone as well like K

info you can open your mobile as well as you can open in laptop right so same way you can have the same account open on

mobile so I have my same account on my mobile as well as I have the same account on the laptop in in metamask

sometimes the same account I have it in laptop in metamask as well as in r because I want to kind of compare and

contrast using the same account I want to see the differences and in centralized pretty

much all that you can do is you can just trade from one token to another token but when you go into decentralized

applications or you know on the blockchain one category of D app uh decentralized application is called as

the decentralization where you can swap between one token to another token so but like your phone where we can

download multiple apps you can download games you can download you know um Power Tools download Imaging tools you can

download social media tools like you know Instagram WhatsApp so like that even in in in uh blockchain there are a

lot of daa categories so you can have lending staking liquid staking uh artificial intelligence you can have lot

of different uh D apps just like you can have in mobile apps one such category is the decentralized exchange in the D apps

so it's not synonymous like decentralized finance and Dex are not synonymous dexx is a subset of

decentralized Finance it's one of the categories of DS decentralized applications again when how you access a

decentralized application even though it is written in a smart contract the smart contract is hosted on a website so for

example Unis swap which is a DEX is hosted on a website called app. unis.org like this every uh desized application

is hosted on a blockchain enabled website so if you go to a blockchain enabled uh website like fcum or Unis

swap or pancak swap Finance then there will be an option on the right hand top corner to say connect your wallet and

when you click on connect wallet it will show you what are the wallets that that particular uh deset exchange that

particular blockchain support so if you go to a um a website which is a decentralized application written for

Sol then it will tell you that you have to connect with a Solana wallet like Soul flare or Phantom if you go to evm

enabled wallet D app then it will say you need to connect to metamask or you need to connect to rabi or one of those

categories and you'll understand it better when we go into the Exel in a couple of minutes so in Mobile it works

the same way uh when you download uh the app for metamask or Kepler which are all um the the wallet apps in that Wallet

app itself there will be a browser window and if you go to the browser window and put the URL in. then it will

ask you to connect again within the brows within the the the mobile app itself in the browser window it will ask

for connection it'll connect to that mobile app itself so that is how the the connection will work in a mobile

slightly different process but whereas in a in a browser there'll be a browser wallet extension which will then connect

to the website that you're opening at this point of time okay so um finally there's a concept called abstraction of

defi now all that we have talked about know private Keys public Keys the 12 word recovery phase these are all

getting simplified uh with with abstraction protocols and what it means like you know imagine like 25 years back

to just even connect to the internet we had a concept called dialup Model um a lot of people may not know this

especially young people may not know this it used to be an extremely complicated process you need to have a

bit of technical knowledge to operate this dialup model and you need to open a particular software and you need to do a

dialup process to even connect to the internet but today the the connection to the internet has become abstracted you

you open a phone it is a automatically connected to the internet you don't need to do anything complicated you don't

need to have a technical understanding of how to connect to the internet same way abstraction Protocols are trying to

connect you to blockchain without you having to know about wallets recovery phrase private keys and all those things

just use your Mobile and you're able to connect to the wallet is automatically created for you a wallet address is

automatically created and you already can log to your wallet just using your email or just using a Google account for

example that level of obstruction is what will take blockchain usage much much further so uh I will share this

Excel with you so what I've done is I've kind of categorized the wallets that I am using personally and for which

blockchain types so for example uh these blockchain types are written in a particular programming language so evm

is a theum virtual machine um Cosmos is the cosmos SDK mainly using atom and then Solana napos and after Solana has

written rust programming language for example so depending upon the programming language the wallets then

support that particular type of blockchain and most wallets have got a browser extension as well as have a

mobile app on their own some wallets so for example um you know if you take a bifrost wallet um which is used for more

flare bifrost W only has a mobile app it doesn't have a browser extension as far as I know if you take Zaman app for

example Zaman used to be XM it is an xrp Ledger wallet which is only there in mobile app and there is no browser

extension so uh but if you take ghost wallet for example we have only a browser extension

we don't have a mobile app yet but whereas most of the other common uh wallet apps like metamask rabby onchain

Kepler wallet soulare Phantom they all have both the browser extension as well as the mobile app both of them so

um the ones that I shown in green are the ones that I used on a daily basis the one like trust wallet and coinbase

wallet I used to use them I don't actively uh I I don't like the trust wallet so you don't actively use the

trust wallet on the coinbase wallet I feel they're a bit too restrictive and and I don't feel too safe when I'm using

these two wallets so I don't use the trust wallet and coinbase wallet but rest of the other wallet that are shown

in green I use it quite a lot now casar like I said it's not a blockchain itself it's a block DH so uh I had explained

that I was using a wallet called casare wallet obviously there were some initial challenges with it right now I'm using

ghost wallet instead of the cash wallet and there's also telegram bot so uh um a troan telegram bot I had made a video

about it how to use it for Solon and and telegram Bots make the usage a lot more simpler I would say engine wallet and

atomic wallet I think I shared it like in my original videos I had shared explanation of how to use engine wallet

I no longer use these wallets because I think they kind of become outdated with the new wallets that have come in right

now so that is kind of a categorization which wallets to use for which blockchain types and now if I go into

the actual blockchain mapping itself so for for eum smart contract these are the blockchains so ethereum is the L1 chain

just for ethereum Alone um there are some L2 chains that are built on top of ethereum so arbitrum for example polygon

for example base these are all L2 blockchains that are built on top of ethereum and to access all of them we

can use those any of the evm smart contract enabled wallet like you know you can use metamask or you can use

rabby like I shown in my video you can use all of these like for example I can use the onine call it for accessing any

of those other U blockchains so these are the blockchains that I commonly use and I commonly

access and so for the rest of them I'm not kind of categorized them as L1 or L2 because apart from ethereum most of the

other um the ecosystems they only have an L1 so for example atom injective osmo osmosis they are all L1 blockchains so

again if is written rust so right now Solana I'm using Soul flare and Phantom I've explained it in the video as well

so for abstraction layer for Zeon like I said you don't need a wallet you don't

need any of these wallet extensions or wallet types we can just use your email and you

can create a uh an abstraction layer level wallet and I'll show you this in a demo as I'll show you a separate video

uh I'll make a video for the Zion ecosystem separately so these are the blockchain

categories the blockchains that I specifically use and for these blockchains then I use the corresponding

wallets that I have given here as wallet mappings right and then um this is kind of an onr onramp list so in Kepler and

leap Cosmos in both of these you can use buy button on the wallet itself and you can get money onto osmo or usdc onto

osmosis in on injector multiple options are available most of the cosmos sub options you can actually onboard money

directly uh C is one of the common uh providers in in both these options but in Kepler you've got moonpay and trans

as well as more options you can use your net banking you can use your debit card credit card to onramp money onto it in

metamask like I said in my in one of the episodes I even made a demo on how to do it on arbitr but you can pretty much

choose like you can choose Bas you can choose ethereum you can choose multiple chains debit card faster payments even

in UK like I said revolute is also available sepa is available in Europe um Phantom wallet uh you can use for

onboarding money onto Solana this one works slightly differently it connects to something called as a coinbase pay so

if you have a coinbase account then it's actually quite useful because it links to your coinbase account and you can use

coinbase account to do a coinbase pay and onboard direct money onto the Phantom decentralized wallet or the

non-custodial wallet using one of your centralized accounts it's kindly uh is kind of interl here uh again kona's

onchain so the onchain wallet um links to the crypto.com account and you can on ramp even without the crypto.com account

there are other options as well where you can use the Buy button on the onchain wallet to on ramp CR or usdc or

usdt onto kronos's ecosystem Zeon um like I said which is the new obstruction layer wallet you can buy uh Zeon and

usdc directly using um Zeon dob.com zon there is there's a link that I've given you can buy using again c as a provider

you can buy using C uh directly onto your uh decentralized wet here and these are the common Bridge apps that I use

Orbiter uh Orbiter mainly used for evm wallets like especially between arbitrum and ethereum but nowaday I'm using Rhino

wallet which I find it really fast and cheap um especially to connect uh from from Solana to evm and also for ZK krona

evm so ZK Krona evm to arbitrum or any of the other L2 chains on evm uh Rhino is actually quite fast and cheap I would

say and within Cosmos and even between Cosmos and Solana and Cosmos and other um ethereum chains skip go and swap fast

have kind of becoming more and more the norm within the cosmos uh swap fast in fact developed by the same team that is

behind Le Cosmos wallet so it it kind of goes um both of them are kind of us it intermittently or

interchangeably and then Kronos bridge to to moving Kronos to Cosmos uh was actually very very fast much faster than

I expected so I can we can actually move atom token from Kos into Cosmos or atom token from Cosmos into Kronos using the

Kronos Bridge uh however moving between Kronos AVM and Kronos ZK AVM used to be a little tough because there's only one

centralized Bridge available uh which again meant that you need to have a crypto.com account if you're going to

move from Kronos evm to krono ZK EV but this has become faster now because of symbiosis which is kind of easier making

it easier to move between Kronos and Kronos zkm in the other way around Stargate Finance is one wallet that I

have have been using to move from arbitrum or from the evm wallets to flare uh getting money onto flare arbit

Stargate was something that I've been using someone had mentioned a couple of other options uh in the comment of the

Thum video I am yet to explore it if I explore it I'll add it onto new bridges in the bottom of this as a new link when

we are operating across these many blockchains and these many um networks it is essential to have some sort of a

portfolio tracker some sort of a uh a Tracker uh option that that allows you to see across the blockchains and see

you know what you have especially the state tokens especially your LP positions and everything so these are

some of the portfolio trackers that I use uh dbank is probably one of the top portfolio tracker and works for most of

the evm uh addresses so if you put your uh one evm address it tracks it across all the L1 and L2 chains in that wallet

um all the activity it will show in one place it's quite useful to have and quite powerful to have um for cost cosos

there's a uh profile Tacker called pulser um it's not as effective as as dmac because it doesn't show half of the

cosmos blockchains so potentially for Cosmos I prefer to use either the Kepler dashboard or the leap Cosmos itself

again in Cosmos there's no foolproof profile tracker available it most of it will show only up to about 70 to 60% of

your portfolio you will kind of have to live with all three of them to kind of see the overall portfolio at any point

of time and then finally this is all the the defi links that I'm currently using and this is again a work in progress

because when I started compiling it by the time I got about 20% of it the list was just going on and on and on so what

I thought was I'll share this list as a starting point and any other apps I'll keep adding onto it whatever apps that

whatever D apps that I am using and I'm testing and I'm using it on daily basis I'll kind of add to this list so you can

have an access to it or you can you will know that these are the D apps that I'm using at this this point of time and now

find when we come to the tokens that I have mentioned like the top 10 tokens like the ,000 portfolios this is where

you can buy these tokens now the link will start to make more sense okay so osmosis means that I need to have a

capital wallet I need to have a leap Cosmos wallet Unis swap ethereum means that I need to have a metamask or need

to have a rabby wallet Jupiter Solona means that I need to have a soul FL wallet or I need to have a phantom

wallet so now it will start to make more sense if you read this again and and if you now go back to the wallets tab

blockchain tab and you see it you open this Excel file you will start to understand more how these wallets and

how these blockchains and how these tokens are all interconnected and how you what you need to get onboarded with

it so now that you've seen the Excel file and now you've seen um the different wallet options available how

do you create like multiple wallets in the same computer right so what I do is I create in Chrome there is something

called as a browser profile so you can create a separate Gmail account and you can have different groupings available

like you can you can on the same computer you can have like you know up to

uh 10 or more profiles and you can create a profile and and each profile kind of acts like an individual browser

group and you can have one wallet in one browser open at the same time at the same time another uh profile uh in

Chrome you can open another wallet and you can keep both of those active or you can keep up to you know five six Active

at the same time that is how I kind of group my wallets group my browser profiles and that's how I keep the the

ecosystem and I'm able to operate in multiple wallets at the same time so and like I said I have about 10 browser

profiles open with 10 different logins and sometimes it becomes a bit little bit mad but I kind of know how to

navigate across all those wallets and uh each browser profile will have like one matam mask address it will have uh one

Soul flare it will have one Phantom it'll have one uh KLA wallet and so on so so you're able to kind of you know

segregate which which are the main accounts which are the I I won't even open a dog uh website for example in the

actual browser profile where where my main accounts are I'll probably have like I'll have like two or three test

accounts which I'm going to always use for opening some of the new links and some of the new options or when I'm

learning a new blockchain I'll always use it using the the the browser or the the browser profile where I've got a

test account or I've got a a smaller portfolio account so hopefully this video was useful to you um this kind of

like the similar conversation that I've had with multiple people this year explaining to them and like an

introduction to decentralized finance and what these wallets mean that to start hopefully this will give you a new

start to the entry into decentralized Finance as well in the New Year if you're watching it in the New Year I

wish you all a very happy New Year um and if you're watching it in the New Year's Eve you know wish you all uh an

advanced New Year wishes as well uh until next time thank you bye