👨💻 What are crypto wallets and how to choose them?
A crypto wallet is your digital safe for storing cryptocurrencies. It does not store the coins themselves, but private keys that give access to your assets on the blockchain.
There are two types of crypto wallets:
1. Cold (offline):
🟡 Ledger, Trezor — devices that store keys offline.
🟡 Plus: high security.
🟡 Minus: price, less convenient for daily transactions.
2. Hot (online):
🟡 MetaMask, Trust Wallet, Phantom — devices that are connected to the internet.
🟡 Plus: convenient for daily transactions.
🟡 Minus: potentially vulnerable to hackers.
How to choose a crypto wallet?
🟢 Purpose of use: For frequent transactions – hot wallets. For long-term storage – cold wallets.
🟢 Security: Check if there is 2FA, backup phrases (seed phrase).
🟢 Usability: Simple interface, support for your favorite coins.
🟢 Fees: Pay attention to the cost of transactions.
Remember: Your private key is your property. Forget the key – lose your funds.