How to choose the right cryptocurrency wallet ⠀ As soon as you | Cryptology News Channel
How to choose the right cryptocurrency wallet
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As soon as you had an idea to purchase cryptocurrency, the question was: which wallet should I choose?
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We advise you to be very responsible when choosing a wallet, because with the increase of cryptocurrencies variety, the number of crypto attacks also increased. Therefore, it is necessary to choose a wallet with a high level of security.
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There are several types of wallets:
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— Software wallet
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You can install it on your phone or computer and it will work online. Therefore, you need an internet connection as the database is updated every minute.
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Be careful, hackers can inject a virus into your phone or PC to hack into the storage.
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— Online wallet
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It is located in a cloud server and has no connection to a PC or smartphone. All you need to do is go to the appropriate site, enter the required data, and you can carry out operations.
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It is almost impossible to hack such wallets, but watch out for the addresses that you enter and for your security key.
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— Hardware wallet
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This type is considered the safest, since it must be separately connected to a computer to conduct transactions.
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You can use several wallets at once, or choose the one that suits you.