ReddCoin is a peer to peer digital currency like most others, but more unique than most of the cryptocurrencies. ReddCoin was created to improve the lives of social media users and was created to be a means of funds and payment transfer via social media. RDD was developed to work on all social media platforms. With ReddCoin, people who run a business on their social media accounts can now transfer and receive funds using whichever social media they so desire. ReddCoin is known as a social coin, specifically designed to tie into existing social media platforms. There it could be used as a tipping system, gifts and a monetary way of showing appreciation for high-quality content.
As the currency is gaining more and more popularity, we must know about the best wallets where we can store ReddCoin securely.
The top 4 ReddCoin wallets in 2020 are:
ReddCoin Core Wallet(also known as Reddcoin-Qt-reference implementation of the Reddcoin protocol) is considered a "full wallet", which means that it downloads and stores the entire Reddcoin blockchain. Reddcoin-Qt is built on the Reddcoin wallet daemon and provides a nice GUI for easy use by the average Reddheads. In the wallet, you could find all your addresses to receive coins under the receive tab. You can also send coins from the sent tab and see every transaction in and out under the transactions tabs. You can even save addresses you commonly send to under the Addresses tab.
Link: Reddcoin core wallet
It is a ReddCoin online wallet that integrates new and innovative social features into the reference Reddcoin-Qt wallet, including Reddit and Twitter feeds and IRC chat. On the lefthand side of the social wallet, you can see many tabs with information and tools. The dashboard tells you your confirmed balance, the price of BTC/USD, RDD/BTC, RDD/LTC, and the approximate value of your Reddcoin in USD. The best part is that you also have the option to import/export a private key.
Link: ReddCoin Social Wallet
Guarda is a non-custodial software wallet, which can be used for both web and mobile devices. It is one of the best RDD wallet Android as it's rated high on security and user experience. Guarda wallets gare light wallets that give the users 100% control over their wallets by providing them with the private keys. Guarda is one of the most secure software for Reddcoin wallets as there is no near possibility of it getting hacked as the private key is deleted once you log out of any device. Hence it is regarded as one of the top Reddcoin wallets.
Link: Guarda Wallet
An RDD paper wallet is considered an extremely secure way to keep ReddCoins safe from cyber-attacks, malware, etc. A paper wallet involves "printing" and storing RDD in an offline mode. The data appearing on the wallet includes things like the public key (wallet address), that allows people to transfer money into the wallet, and the private key, which gives access to the fund expenditure. Hence, it is important for the users to know how to use ReddCoin wallet in this medium.
Link: Reddcoin Paper Wallet
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