Is there any reason to use Terra Station Wallet ?

ryzaadit

legendary

Activity: 2660

Merit: 1261

Quote from: Len Saldua on April 07, 2022, 01:12:35 PM

-snip-

Depends on the project itself.

You should check coin providers like (Coinmarketcap) and find some information like Contract for token/coin/asset you want to add. If you can get information like Solana, Ethereum, ETC have a token contracts for Terra Blockchain.

Then you can add the token with manual input in the wallet, just like Add new token in Metamask : https://www.altcoinbuzz.io/bitcoin-and-crypto-guide/how-to-use-the-terra-station-wallet/

But, I check CMC a token you are ask. Can't find any contract address in Terra Blockchain, so can't support I guess.

Len Saldua

member

Activity: 256

Merit: 13

Can I put other coins on the Terra Station Wallet ? ie. Solana, Avalanche, Ethereum ?

ryzaadit

legendary

Activity: 2660

Merit: 1261

You can read more about "Terra Station" in here : https://docs.terra.money/docs/learn/terra-station/README.html

There has some several reason you can use "Terra Station Wallet" but off course, is always depends on the user itself. Not everyone using the wallet for the same reason, maybe the case for you only for Arbitrage.

Other user, using them for other reason example like "Staking".

Len Saldua

member

Activity: 256

Merit: 13

Other than to stake Terra Luna or UST ? Okay, I can think of another reason: to try to Arbitrage your Luna, but other than that, would there be a reason to put my Solana or my Avalanche in the Terra Station Wallet ? ( Can you even put other coins ? )One thing it has over other wallets is the credibility behind it I guess, Terra Luna is one of the biggest projects in the crypto space...

Topic: Is there any reason to use Terra Station Wallet ? (Read 72 times)