A Non-Allocated Wallet is a type of cryptocurrency wallet that does not have designated or assigned coins or tokens. Instead, it functions as a storage facility for various cryptocurrencies in a pooled format. Users of Non-Allocated Wallets do not have specific, identifiable coins or tokens assigned to them within the wallet.
One advantage of Non-Allocated Wallets is that they allow for quick and easy transactions without needing to specify the exact amount of coins or tokens to be sent. This can be convenient for users who want to quickly transfer funds without having to manually select individual coins or tokens.
However, a potential downside of Non-Allocated Wallets is that users may have less control over the specific coins or tokens being sent in a transaction. This can lead to potential issues such as higher fees or unwanted coin selections being sent.
Overall, Non-Allocated Wallets offer a convenient way to store and transact with multiple cryptocurrencies without the need for detailed selection of individual coins or tokens.
