What is Legel technology and why do you need a secure wallet to use it?

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4 Mar 2024
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Legel technology is an innovation that promises to revolutionize the world of cryptocurrencies and the digital economy. It is a decentralized platform that allows you to create and manage smart contracts easily, quickly and securely. Smart contracts are digital agreements that are executed automatically when certain conditions are met, without the need for intermediaries or trust between the parties.

Legel technology is based on the blockchain, a distributed network of nodes that stores and verifies transactions in a transparent and immutable way. The Legel blockchain is compatible with that of Ethereum, which means that the same tools and applications that are used on this network can be used. Additionally, Legel offers a number of advantages over Ethereum, such as higher speed, lower fees, and greater scalability.


But in order to take advantage of the full potential of Legel technology, you need a digital wallet that allows you to store, send and receive the cryptocurrencies used on this platform. These cryptocurrencies are Legel Coin (LGC) and Legel Token (LGT), which have different functions and characteristics.

The Legel Coin (LGC) is the native currency of the Legel network, used to pay smart contract fees and to incentivize nodes that maintain the security and operation of the network. The Legel Token (LGT) is a token used to access the services and applications offered on the Legel platform, such as the NFT marketplace, decentralized exchange, augmented reality game, and voting system.

To store your LGC and LGT, you need a wallet that is compatible with Legel technology and that offers you a high level of security and privacy. Not all wallets on the market meet these requirements, so you must carefully choose the one that best suits your needs.

In this article, we present you the best cryptocurrency wallets that you can use to store your LGC and LGT, according to their type, characteristics and advantages. These are the wallets we recommend:


Hardware Wallets

Hardware wallets are physical devices that connect to your computer or mobile phone to access your cryptocurrencies. These wallets are the most secure available, as they store your private keys encrypted and offline, making them immune to cyber attacks. In addition, they have authentication and recovery systems in case of loss or theft.

The best hardware wallets you can use to store your LGC and LGT are:

Ledger Nano S Plus: This wallet is one of the most popular and reliable on the market. It has an elegant and compact design, with an OLED screen and two buttons that allow you to control all operations. It supports more than 1500 cryptocurrencies, including LGC and LGT. In addition, it allows you to connect it with applications such as MetaMask, TrustWallet and OKX Wallet, to access the services and applications of the Legel platform. Its price is 59 euros.
Trezor One: This wallet is another of the most recognized and used by cryptocurrency users. It has a simple and functional design, with an LCD screen and two buttons that allow you to confirm transactions. It supports more than 1000 cryptocurrencies, including LGC and LGT. It also allows you to connect it with applications such as MetaMask, TrustWallet and OKX Wallet, to access the services and applications of the Legel platform. Its price is 49 euros.

Software Wallets

Software wallets are applications that are installed on your computer or mobile phone to access your cryptocurrencies. These wallets are more practical and accessible than hardware wallets, but they are also more vulnerable to cyber attacks, so you should protect them with passwords, PIN codes, and additional security measures.
The best software wallets you can use to store your LGC and LGT are:

OKX Wallet: This wallet is the official one of the Legel platform, so it offers you the best experience and compatibility with this technology. It allows you to create and manage your smart contracts easily and quickly, as well as access all the services and applications offered on the Legel platform, such as the NFT market, the decentralized exchange, the augmented reality game and the vote. Additionally, it supports more than 500 cryptocurrencies, including LGC and LGT. You can download it for free for your computer or mobile.

TrustWallet: This wallet is one of the most popular and versatile that exists. It allows you to store, send and receive more than 1600 cryptocurrencies, including LGC and LGT. It also allows you to connect it with applications such as MetaMask, OKX Wallet and Crypto.com, to access the services and applications of the Legel platform. In addition, it offers you additional features such as integrated exchange, web3 browser and support for NFTs. You can download it for free for your mobile.


Paper wallets

Paper wallets are printed sheets that contain your public and private keys in the form of a QR code or text. These wallets are the cheapest and simplest that exist, but also the most fragile and difficult to use. They are only recommended for long-term storage of your cryptocurrencies, since every time you want to access them, you will have to scan or enter your keys into a software or hardware wallet.

The best paper wallet you can use to store your LGC and LGT is:

WalletGenerator: This is a website that allows you to generate and print your own paper wallet for free and securely. You just have to choose the cryptocurrency you want to save, in this case LGC or LGT, and follow the instructions on the page. We recommend that you use a printer that is not connected to the internet and that you store your paper wallet in a safe place protected from humidity and fire.

Legel technology is one of the most innovative and promising in the world of cryptocurrencies and the digital economy. To be able to use it and get the most out of it, you need a wallet that offers security, compatibility and functionality. In this article, we have presented you with the best cryptocurrency wallets that you can use to store your LGC and LGT, according to their type, characteristics and advantages. We hope that it has been useful to you and that you have found the wallet that best suits your needs.

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