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How to choose the right cryptocurrency wallet ⠀ As soon as you | Cryptology News Channel

How to choose the right cryptocurrency wallet

As soon as you had an idea to purchase cryptocurrency, the question was: which wallet should I choose?

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.

There are several types of wallets:

— Software wallet

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.

Be careful, hackers can inject a virus into your phone or PC to hack into the storage.

— Online wallet

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.

It is almost impossible to hack such wallets, but watch out for the addresses that you enter and for your security key.

— Hardware wallet

This type is considered the safest, since it must be separately connected to a computer to conduct transactions.

You can use several wallets at once, or choose the one that suits you.