Cryptocurrency Wallet
What is the cryptocurrency wallet?
Just like your money wallet (You can store your money in the Pocket wallet) just like this, cryptocurrency wallet is the Devices or things that will store your cryptocurrency money in this things. If you want to store your physical money then you need to have a physical wallet but for the internet of money (Cryptocurrency) you need a wallet but not a physical wallet. There are different kind of wallet can be found, the major are given below:
Computer software wallet
Mobile software wallet
Paper wallet
Hardware wallet
Computer software wallet:
Usually, computer software wallet is the wallet that can be installed on computer and then you can store your currency in these wallets. But there is risk to hack your computer that’s why this is also risk if you lose your computer, if hacker access your computer, hacker can transfer your fund to their wallet.
You can download a computer wallet for your operating system from the official website of the cryptocurrency.
Picture: Computer Software wallet download page on Bitcoin.com
Picture: Example of Computer Wallet Software (Bitcoin Wallet)
Mobile Software wallet:
This is the same like computer software wallet but you also can store you cryptocurrency on mobile operating system such as android and IOS but risk are also same if hacker access in your wallet then hacker can transfer your all fund to their wallet. Some of the mobile cryptocurrency wallet are given below:
Bread
Coinbase
Copya
Freewallet
Many more
Picture: Example of Mobile Cryptocurrency Wallet on IOS devices (Breadwallet)
Paper Wallet
This is also another option to store your cryptocurrency but this is not popular as other so, in this paper wallet will be skipped but just let you know that this is the another option.
Hardware Wallet
This is the best wallet till now, because of if you want to transfer your fund to someone you need to access your hardware wallet, that why, even if hacker hack your computer, hacker can’t transfer your fund without this wallet. So, this is the really good and for security as well protected wallet.
In market there are two types of hardware wallet can found they are given below:
Ledger wallet
Trezor Hardware Wallet
For more
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