If you’re going to invest in cryptocurrency, you’ll need a proper wallet in which you can store your assets. A cryptocurrency wallet is a safe place where you can store your proof of ownership of the cryptocurrency that you’ve purchased.
Importance of a Crypto Wallet
According to Coinmarketcap: Cryptocurrency wallets are considered the safest option for crypto holders to store their assets in a digital (software wallet) or a physical (hardware wallet).
Difference Between Cold Wallets and Hot Wallets
Hot wallets are online all the time. Investors holding a huge number of coins are not advised to retain their assets in hot wallets.
On the other hand, cold wallets are offline and security is more trustworthy and most wellknown hardware wallet is Ledger Nano X.
These wallets are mostly tiny and compact, allowing for ease and discretion when transferring cryptos or simply carrying them around with you.
The Best Cold Wallets You Should Know About
1. Ledger Nano X
2. Trezor Model T
3. CoolWallet Pro
4. KeepKey
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