Welcome to Lesson 3 of Kenya Crypto Magazine’s Free 8-Week Cryptocurrency Course!
In Lesson 1, we explored the fundamentals of blockchain and the evolution of money, while Lesson 2 covered cryptocurrency types and wallet security.
Now, in Lesson 3, we dive deeper into how to use Trust Wallet, send and receive crypto assets, and understand blockchain networks, coin confirmations, and transaction IDs (HASH ID).
🎥 Watch the Full Lesson 3 Video Now on YouTube:
✅ What You’ll Learn in Lesson 3:
🚀 1. How to Navigate Trust Wallet: A Complete Guide
- How to download and set up Trust Wallet
- How to import an existing wallet using a seed phrase
- How to add tokens and different blockchain networks like Binance Smart Chain, Ethereum, and Polygon
💰 2. How to Send and Receive Crypto Coins/Tokens
- Sending Bitcoin, Ethereum, or stablecoins like USDT
- Receiving crypto and generating your wallet address
- How to track your transaction status using HASH ID (TxID)
🔗 3. Understanding Cryptocurrency Networks
- The difference between Ethereum Network (ERC-20 tokens), Binance Smart Chain (BEP-20 tokens), Solana Network (SPL tokens), and Tron (TRC-20 tokens)
- Why gas fees vary on different networks
- How to switch between networks on Trust Wallet
🪙 4. What is a Coin and What is a Token?
- Coins are native to their own blockchain (e.g., BTC, ETH, BNB)
- Tokens are built on top of existing blockchains (e.g., USDT on Ethereum, CAKE on BSC)
- Can a token exist on multiple blockchains? ✅ YES! (e.g., USDT exists on Ethereum, Tron, and Binance Smart Chain)
🛑 5. HASH ID & Coin Confirmations
- What is a HASH ID (TxID)?
- How to track your transaction on block explorers like BSCScan, Etherscan & Solscan
- Understanding block confirmations and why they are important for security
🎯 Resources Mentioned in Lesson 3:
📌 Trust Wallet – Official Website
📌 BSCScan – Binance Smart Chain Explorer
📌 Etherscan – Ethereum Explorer
📌 CoinMarketCap & CoinGecko for Crypto Prices
🔥 Missed Lesson 1 & 2?
✅ Lesson 1: Introduction to Crypto & Blockchain
✅ Lesson 2: Understanding Cryptocurrency & Wallet Security
📢 Missed the 100 Student Slots? No Worries!
We capped this class at 100 students to maintain quality engagement.
But don’t worry, you can still access the free video and all future lessons on our website!
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