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Where to store your crypto: Wallets provide diverse options for holders

Where to store your crypto: Wallets provide diverse options for holders

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Source: Coin Telegraph

Choosing a crypto wallet can be intimidating for newcomers. Which wallet is the easiest to use and the safest for storing digital assets?

Being in control of your own assets — having total freedom of how and to whom they are sent — is a foundational tenant of cryptocurrencies. 

Today, over 10,000 cryptocurrencies exist on a multitude of blockchains. With the increased adoption and proliferation of digital assets, crypto users have more options than ever regarding how they store their assets.

However, there are trade-offs to consider: Hot wallets, those connected to the internet, are convenient for making frequent transactions but are more susceptible to hacks.

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Author: Elena Perez