Cryptocurrency Wallets to Store Your Crypto Securely

In 2009, a revolution came into existence in the field of currency and different types of digital currencies were developed. The digital currency is known as the cryptocurrency and it is a decentralized form of the currency which shows that it is not under any surveillance of the government or any central organization. The first developed cryptocurrency is bitcoin which was developed in the year 2009 and was developed by Satoshi Nakamoto who himself was a software Engineer. He developed a blockchain in which the track of transactions of bitcoin is kept. There is an increase in the investment in the bitcoin trading exchange with the passing of the years. More and more people are now getting aware of the crypto market and want to invest in it. Due to this, there is a great increase in the number of platforms related to bitcoins or other cryptocurrencies.

There are some platforms that are providing the facility of the buying and selling of crypto assets. Such platforms solve the buying and selling problem of the user. But there are some incidents in which the user lost his assets and it is very difficult to get them back as they are not physically present in the physical world and if once the user loses the assets, they get into the web space and can’t get them back. To solve such issues, the crypto investors demanded the wallet in which the crypto assets or bitcoins can be stored. The wallet or the storage space in which the crypto assets are kept is known as the crypto wallet. The crypto wallet is mainly of two types: hot and cold wallets. The hot wallets are those in which the key to the blockchain is kept in the wallets which use the internet for the operation like web wallets, mobile wallets, etc. But there are chances that they might get hacked so one should choose the wallet carefully. The other kind is a cold wallet which are those ones in which the key or the password is kept safely in the hard disks, paper, pen drives, etc.  

Platforms of wallet service

There are various platforms that provide the service of the crypto wallet and are easily available to crypto investors. But one should choose the wallet type and which wallet to use very carefully. Some of the best wallets and how do crypto games make money are discussed in this article.

Exodus

The user can get the best experience of storing the crypto asset in the Exodus as it is very user-friendly and does not have any complex structure which makes it the perfect choice for beginners. It provides the opportunity to buy and sell a crypto asset from the app and is very easily accessible.

BitPay

BitPay is another option in terms of the security of the cryptocurrency. As it mainly focuses on the safety of the assets it provides the feature of encryption through a password which is key encryption and also provides multi-signing for additional security. With the help of this one can transact and keep the track of his transaction from any place in the world because it is available for both mobile phones and desktops.

Edge

The other platform in the list is Edge which has a slight advantage against the other ones as it provides the user the encryption of all the personal or important data and is very useful for the daily investors because it provides the facility of the conversion of the coins into tokens very easily. It is available on both the operating system whether android or IOS.