3 Different Types of Cryptocurrency Wallets for Secure Investment

If you think that you can create a bitcoin wallet easily, then you might be wrong. You can instead install any software on your desktop or mobile device which is pretty easier and convenient than creating your own digital wallet.

Different Types of Cryptocurrency Wallets

In a crypto wallet, you can safely keep your cryptos. There are different kinds of crypto wallets. The most famous ones we come across are hosted wallets, hardware wallets, and non-custodial wallets.

If you want to choose the right wallet for yourself, you should first decide what it is that you would like to do with the cryptocurrency you have and the type of safety net your cryptos deserve. Let’s have a look at some types of wallets below.

3 Different Types of Cryptocurrency Wallets for Secure Investment

1. Hosted Wallets

Hosted wallets are the easiest to set up and they are well-known in the crypto market. For example, if you are buying cryptocurrency through an application such as Coinbase, you should know that the hosted wallet holds your cryptocurrency automatically.

The wallet is given the term ‘hosted’ because there is a third-party service that holds your cryptocurrency. This is just like the scene where a bank keeps all your money in either a savings or current account.

You will often hear people saying that they either lost their keys or lost their USB wallet, however, when you have a hosted wallet, there is nothing you should be worried about.

The most important benefit you get while keeping your cryptocurrency is that even if you don’t remember your password, you will always have access to your crypto. Below is how you can set up your hosted wallet.

1. Select a credible platform and consider it in terms of convenience, security, and compliance not only with the government but also with financial regulations.

2. Create an account and enter all the personal details it asks for. Here, also keep a secure password and use 2FA (2-step factor authentication) so that you unlock another level of security.

2. Self-Custodian Wallets

A self-custodian wallet is just like an Exodus or Coinbase wallet which gives you the full authority of your cryptocurrency. You can also have access to cryptocurrency activities on an advanced level such as staking, borrowing, yield farming, and more. However, if you are only concerned with the receiving, sending, buying, and selling of cryptos, then you can turn to a hosted wallet for the best solution. You can set up a self-custodian wallet by:

1. Downloading a wallet app like Exodus and Coinbase wallet. 

2. Creating your account and not sharing any personal information or email address for a non-custodial wallet. 

3. Always jot down the private key you were holding. It was left on random phrases.

4. Transferring cryptocurrency to your wallet. Some days it might be hard to use any traditional currency (like Euro or US dollars) with a non-custodial wallet.

3. Hardware Wallets

It is a physical device that you can easily hold and store your private keys. Most people don’t use hardware wallets as they have increased a lot of their complexity and also lost cost. However, they have benefits as well. Now, below are some pointers that you should follow while setting up your wallet.

1. Always buy your hardware and there are two great brands Trezor and Ledger where you can easily find them. 

2. Install the software to set up the wallet. You can download its software from the official website of the company and keep following the same instructions so that your wallet stays safe.

3. You can also transfer cryptocurrency to your wallet directly. This wallet is quite similar to the non-custodial wallet. Just like you can carry your cash anywhere, you can carry your cryptos as well.

You can also make use of the 1kdailyprofit.app so you can easily buy, sell, receive, or anything you want. Cryptocurrencies, for sure, have taken the market by surprise and it’s better to learn all that you can as fast as you can.

You can also use the above wallets whenever you are ready to do something with your cryptos. Just make sure that you have all the knowledge in one place and you are making a decision based on the facts and figures laid in front of you.

COMMENTS

/fa-youtube/ Latest Tech Videos!

Name

25PP,2,3G,3,4G,5,Absinthe,5,Adobe Flash,3,Ads,27,Affiliate Marketing,10,AliExpress,1,Amazon,54,Amazon Phone,1,Amazon Tablet,7,AMD,5,Android,255,Android 10,2,Android 11,2,Android 12,2,Android 6,3,Android 7,4,Android 8,9,Android 9,4,Android APK,34,Android Apps,125,Android Auto,3,Android Games,20,Android GApps,3,Android Gingerbread,2,Android Ice Cream Sandwich,8,Android Jelly Bean,21,Android KitKat,12,Android Lollipop,10,Android Marshmallow,3,Android N,5,Android Nougat‬,5,Android O,7,Android Oreo,8,Android P,2,Android PC Suites,1,Android Pie,3,Android Q,2,Android R,2,Android SDK,9,Android TV,11,Android USB Drivers,2,Android Wear,10,Angry Birds,6,Anti Virus,18,App Developer,56,Apple,777,Apple CarPlay,1,Apple Pay,3,Apple Store,19,Apple TV,118,Apple Watch,83,Apps,143,ARM,2,Asus,2,ATT,7,Baidu,2,Battery,2,Bill Gates,2,Bing,16,Bitcoin,51,Bittorrent,5,BlackBerry,11,BlackBerry App,3,Blockchain,25,Blogger,49,Blogs,82,Bluetooh,7,Business,663,BuySellAds,1,Call Center,7,Camera,7,Cars,25,CCTV,1,Certifications,22,China Mobile,3,Chrome,26,Chrome OS,6,ChromeBook,2,ChromeBox,2,Chromium,4,CISPA,1,Cloud,43,CMS,6,Communication,21,Computer,79,Cortana,1,Credit Cards,9,CRM,14,Cryptocurrency,66,Currency,57,Cyberbullying,7,Cydia,47,Cydia Apps,11,Cydia Tweaks,11,Debit Cards,6,Developers,85,Digital Camera,8,Digital Marketing,417,Digital Signage,5,Disqus,1,DMCA,1,Doodle,1,DOS,1,Downgrade,17,Dropbox,1,Drupal,3,Earn Money,79,EarPods,2,eCommerce,56,Electra,6,Electronic Arts,1,Emulator,8,Encryption,2,Entrepreneurs,108,eReader,4,eSignature,2,Ethereum,21,Evasi0n,16,eWallet,9,Facebook,138,Facebook Ads,13,Facebook Apps,19,Facebook Credits,4,Facebook Developers,4,Facebook Like,8,Facebook Marketing,14,Facebook Messenger,5,Facebook Pages,9,Facebook Photos,2,Facebook Stocks,2,FacePAD,1,FaceTime,2,FileSonic,2,Finance,140,Firefox Add-Ons,2,Firefox OS,2,Fitbit,1,Foursquare,1,FP,22,Framaroot,4,Free Stuff,27,Gadgets,223,Galaxy Nexus,2,Galaxy S-Voice,2,Game of Thrones,1,Games,79,Gaming Console,12,Gaming Laptops,15,GApps,2,GearBest,6,Gifts,6,Gmail,13,Google,253,Google +1,10,Google Ads,5,Google Adsense,3,Google Adwords,6,Google Analytics,3,Google Apps,11,Google Earth,2,Google Fit,2,Google Glass,8,Google IO Conference,4,Google Map,7,Google Music,2,Google Nexus,13,Google Nexus Player,1,Google Panda,1,Google Penguins,1,Google Play Edition,1,Google Play Store,18,Google Plus,17,Google Plus Pages,6,Google Search,44,Google TV,5,Google Voice,6,Google Wallet,1,Google+,16,Google+ App,1,Google+ Pages,6,Graphic Design,14,GreenPois0n,28,Groupon,6,GSM,3,Guest Posts,10,h3lix,2,Hack,96,Hackintosh,4,Hard Disk,14,Hard Drive,17,HDD,16,Headsets,9,HealthVault,1,Home Automation,15,Honor,1,Hootsuite,1,Hostgator,2,Hotspot Shield,1,HP,2,HTC,16,HTC One,6,HTML5,16,HTTPS,3,Huawei,4,Huawei Honor,3,Hyper-V,4,IBM,2,iCloud,31,iGoogle,2,iMac,10,Infographic,211,Instagram,24,Intel,8,Internet,556,Internet Explorer,18,Internet IPOs,1,Internet Marketing,219,Internet Protocols,4,iOS,484,iOS 10,21,iOS 11,28,iOS 12,32,iOS 13,20,iOS 14,26,iOS 15,18,iOS 16,3,iOS 4,1,iOS 5,17,iOS 5.0.1,5,iOS 5.1,9,iOS 5.1.1,12,iOS 5.2,1,iOS 5.2.1,1,iOS 6,73,iOS 6.0.1,13,iOS 6.0.2,5,iOS 6.1,21,iOS 6.1.1,3,iOS 6.1.2,4,iOS 6.1.3,7,iOS 6.1.4,4,iOS 6.1.5,2,iOS 6.1.6,2,iOS 7,58,iOS 7.0.1,2,iOS 7.0.2,2,iOS 7.0.3,1,iOS 7.0.4,2,iOS 7.0.5,1,iOS 7.0.6,5,iOS 7.1,25,iOS 7.1.1,6,iOS 7.1.2,6,iOS 8,60,iOS 8.0.1,5,iOS 8.0.2,5,iOS 8.1,12,iOS 8.1.1,2,iOS 8.1.2,1,iOS 8.1.3,1,iOS 8.2,6,iOS 8.3,5,iOS 8.4,10,iOS 8.4.1,4,iOS 9,33,iOS 9.0.1,1,iOS 9.0.2,1,iOS 9.1,6,iOS 9.2,2,iOS 9.2.1,2,iOS 9.3,3,iOS 9.3.1,2,iOS 9.3.2,4,iOS 9.3.3,4,iOS 9.3.4,2,iOS 9.3.5,2,iOS Apps,94,iOS Beta,29,iOS Games,19,IP,3,iPad,444,iPad 2,54,iPad 3,47,iPad 3G,1,iPad 4,9,iPad Air,4,iPad Apps,32,iPad Mini,29,iPad Mini 2,2,iPad Siri,4,iPadOS,67,iPhone,507,iPhone 3G,51,iPhone 3GS,6,iPhone 4,62,iPhone 4S,66,iPhone 5,32,iPhone 5C,4,iPhone 5S,14,iPhone 6,31,iPhone 6 Plus,9,iPhone 7,2,iPhone Apps,32,iPhone Siri,7,IPO,3,iPod,412,iPod Apps,18,IPv4,1,IPv5,1,IPv6,1,iShower,1,iShower Speaker,1,IT,2,iTunes,197,Jailbreak,135,Jailbreak Tools,43,Jitterbug Touch,1,Joomla,5,Kaspersky,1,Keyboards,3,Keylogger,2,Kindle,9,Kindle Fire,3,Kingo,2,KingRoot,1,Laptop,77,Lasers,1,Launchers,3,Lava,1,LCD,2,Legal,5,Lenovo,2,Lenovo ThinkPad,1,LG,9,LiberiOS,2,Lightning Cables,1,Link Building,4,LinkedIn,4,Linux,13,Lockerz,1,Logitech,1,Lync Desk Phones,1,Mac,248,Mac Mini,4,Mac OS X,202,MacBook,11,MacBook Air,17,MacBook Pro,17,Macintosh,8,macOS,114,macOS 10.12,9,macOS 10.13,9,macOS 10.14,8,macOS 10.15,9,macOS 11,21,macOS 12,11,macOS 13,2,macOS Beta,6,macOS Big Sur,21,macOS Catalina,9,macOS High Sierra,9,macOS Mojave,8,macOS Monterey,11,macOS Server,3,macOS Sierra,9,macOS Ventura,2,Magento,5,Mambo,3,Maps,9,Mark Zuckerberg,2,Marketing,163,Marketplace,3,Meego,2,Megaupload,1,Meizu,1,Micromax,1,Microsoft,211,Microsoft Office,43,Microsoft SharePoint,1,Microsoft Surface,3,Microsoft Surface Pro,2,MIUI,3,Mobile,769,Mobile App Developers,46,Mobile Apps,221,Mobile Broadband,2,Mobile OS,32,Mortgage,1,Moto X,1,Motorola,6,Mouse,3,Movies,1,Mozilla Firefox,16,Music,19,MySpace,2,Nasdaq,1,Net Meeting,1,Nexus,7,NFC,1,Nikon,1,Nintendo,4,Nintendo 3DS,3,Nokia,31,Nokia Belle,2,Nokia Lumia,8,Nokia Normandy,1,Nokia Store,2,Nokia X,6,Notebook,1,Nuance,1,Office 2010,9,Office 2013,3,Office 2016,13,Office 2021,1,Office 365,12,OnePlus,1,Open Graph,1,Open Source,1,Opensn0w,1,Opera,6,Opera Mini,2,Operating System,113,Oppo,1,Oracle,3,Orkut,1,OS,47,OS X 10.10,65,OS X 10.10.1,6,OS X 10.10.2,9,OS X 10.10.3,10,OS X 10.10.4,6,OS X 10.10.5,4,OS X 10.11,25,OS X 10.11.1,3,OS X 10.11.2,2,OS X 10.11.3,2,OS X 10.11.4,2,OS X 10.11.5,3,OS X 10.11.6,2,OS X 10.8,2,OS X 10.9,37,OS X 10.9.1,2,OS X 10.9.2,5,OS X 10.9.3,12,OS X 10.9.4,7,OS X 10.9.5,5,OS X El Capitan,23,OS X Mavericks,40,OS X Mountain Lion,17,OS X SDK,9,OS X Server,48,OS X Server 3,5,OS X Server 4,15,OS X Server 5,9,OS X Yosemite,60,Outlook,13,Ovi,2,Ovi Store,1,P0sixspwn,1,P2P,1,PageRank,2,Pangu,11,Payments,31,Payoneer,2,PayPal,4,PDF,8,Personalization,1,PhotoBox,1,Photography,9,Picnik,1,Pinterest,2,PIPA,2,Piracy,3,PlayStation,6,PlayStation 4,4,Pocophone,2,Pod2g,2,Podcasts,2,Powerpoint,4,PP,2,Printers,11,Privacy,158,Programming,50,Projectors,3,PS4,4,PUBG,1,Python,1,QMobile,1,QMobile Noir,1,RAM,2,Redsn0w,23,Remote Access,9,Root Android,37,Rovio Mobile,4,S-Voice,2,Safari,45,Samsung,58,Samsung Galaxy,30,Schemer,1,Search Engine,81,Search Engine Marketing,80,Search Engine Results,54,Seas0nPass,2,Secure Socket Layer,3,Security,186,Selfie,1,SEM,85,SEO,152,SEO Tools,16,SERP,2,Server,17,Shopping,107,Signage,3,Sileo,2,SIM Card,2,Siri,12,SkyDrive,3,Skype,5,SlideShare,1,Small Business,516,Smart TV,6,Smart Watch,9,Smartphones,713,SMM,11,SMO,16,Sn0wbreeze,5,SnapChat,4,Social Media,150,Social Media Marketing,111,Social Media Optimization,73,Social Media Tools,12,Social Networking,199,Software,387,Sony,19,Sony Ericsson,5,Sony VAIO,1,Sony Xperia,3,SOPA,2,Speakers,3,Sprint,2,Spyware,3,SSD,16,SSL,2,Startups,365,Statistics,23,Stock,3,Stock Photography,5,Stock Photos,5,Storage,26,Store,54,Swift,12,Swype,1,Symbian,8,T-Mobile,4,Tablets,598,TaiG,5,TechGlobeX,3,TechGlobeX.net,1,Technology,341,Telephone,1,Television,10,Templates,6,TinyUmbrella,2,Tools,244,Torrent,4,Toshiba,2,Toshiba Satellite,1,TuneUp Utilities,1,TV,14,tvOS,67,Twitter,20,TypePad,3,Ubuntu,6,Ultrasn0w,1,Unlock,43,USB Debugging,2,uTorrent,5,Verizon,4,Video Marketing,19,Video Optimization,23,Videos,58,Vimeo,1,Virtualization,12,Virus,10,Visual Studio,3,Vlogging,3,Vlogs,3,Vodafone,2,Voice Call,21,VoIP,16,VPN,29,Wallpapers,1,Walmart,2,watchOS,79,Wearables,17,Web,255,Web Browser,30,Web Browser Plugins,5,Web Design,46,Web Development,80,Web Domains,16,Web Hosting,36,Web Servers,22,Western Digital,1,WhatsApp,7,Whited00r,1,WiFi,7,WiFi Calling,5,WiFi Hotspots,6,Windows,173,Windows 10,22,Windows 10 Enterprise,2,Windows 10 Mobile,1,Windows 10 Pro,2,Windows 10 Server,3,Windows 11,3,Windows 11 Enterprise,1,Windows 7,33,Windows 8,48,Windows 8 Pro,3,Windows 8 RT,3,Windows 8.1,6,Windows 8.1 Enterprise,1,Windows 9,4,Windows Apps,4,Windows Live,3,Windows Live Essentials,5,Windows Live Messenger,6,Windows Media Center,1,Windows Mobile,19,Windows Phone,47,Windows Phone 10,1,Windows Phone 7,10,Windows Phone 7.5,5,Windows Phone 8,9,Windows Phone 8.1,1,Windows Phone Apps,1,Windows Phone Mango,3,Windows Phone SDK,1,Windows Server,7,Windows Server 2012,2,Windows Server 2016,2,Windows Server 2019,1,Windows Server 2022,1,Windows Server 8,1,Windows Vista,5,Windows XP,6,Wireless,4,Wordpress,53,Wordpress Plugins,6,Wordpress Themes,9,WWDC,71,Xbox,6,Xbox 360,6,Xbox One,3,Xcode,84,Xiaomi,8,Yahoo,15,Yalu,3,YouTube,18,Zong,1,ZTE,1,Zune,2,Zynga,1,
ltr
item
TechGlobeX: 3 Different Types of Cryptocurrency Wallets for Secure Investment
3 Different Types of Cryptocurrency Wallets for Secure Investment
https://blogger.googleusercontent.com/img/a/AVvXsEj-KPxkiIa6h_9MR9iJCE8AaaoLzy36ZDWAhdFR0pwSRz0P-8naJmmZgLYR5GagEfuGd8urKnWkNTMDxJxUhTJIeS7a911mb6drhW87OqixaYEa_S-cUQQoSc9obDuQ7r5N_xr77fxxXYbdejo-BbKzAigjOZ57zmkYiRKZBCd5LZqp1I-h38zOQkUMyA=s16000
https://blogger.googleusercontent.com/img/a/AVvXsEj-KPxkiIa6h_9MR9iJCE8AaaoLzy36ZDWAhdFR0pwSRz0P-8naJmmZgLYR5GagEfuGd8urKnWkNTMDxJxUhTJIeS7a911mb6drhW87OqixaYEa_S-cUQQoSc9obDuQ7r5N_xr77fxxXYbdejo-BbKzAigjOZ57zmkYiRKZBCd5LZqp1I-h38zOQkUMyA=s72-c
TechGlobeX
https://www.techglobex.net/2022/01/different-types-of-cryptocurrency-wallets.html
https://www.techglobex.net/
https://www.techglobex.net/
https://www.techglobex.net/2022/01/different-types-of-cryptocurrency-wallets.html
true
6015647009126982431
UTF-8
Loaded All Posts Not Found Any Posts VIEW ALL Read More Reply Cancel Reply Delete By Home PAGES POSTS View All RELATED ARTICLES: TOPIC ARCHIVE SEARCH ALL POSTS Not Found Any Post Match With Your Request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Just Now 1 Minute Ago $$1$$ minutes ago 1 Hour Ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago More Than 5 Weeks Ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share To A Social Network STEP 2: Click The Link On Your Social Network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content