A wallet is software that is designed to receive, store and send any kind of digital currency,
these began to gain popularity from the moment that Bitcoin began to build a reputation on the Internet, it is for this reason that today there are a number of wallets, which have different characteristics oriented to the needs of users.
Wallets to store cryptocurrencies, everything you need to know about it
With the advent of blockchain technology and cryptocurrencies, the digital environment is constantly changing, and one of the issues that is important to mention, has to do with the choice of digital wallets, which should be at the forefront of technology, in what refers to security and accessibility, among other aspects.
For users who live in the cryptographic market, it is essential that they can have a wallet that allows them to protect their digital assets, so that the wallet gives the user full control over their funds, considering the purse's own characteristics.
Types of wallets that exist today:
There are different types of wallets in the cryptographic market, they offer different things to their users, in order to satisfy the most demanding users. The types of purses that exist today, are the following:
1- Hot wallet
These are wallets that can be installed on different devices, whether smartphone or desktop computers, as well as can be hosted on third-party websites. They are characterized by being constantly connected to the Internet; This type of wallet is the most used to perform online exchange transactions, however, they are also the most prone to cyber attacks.
2- Paper wallet
This type of wallet does not require the user to have an Internet connection, this gives it a great advantage, since it keeps hackers away from private keys.
3- Cold wallet
These are wallets that come in the form of hardware units, provide a high level of security, and can store large amounts of cryptocurrencies safely. For the device to work properly, it must normally be connected to a computer, from where transactions are made.
Aspects to consider to choose a good wallet.
The choice of a digital wallet is a fundamental decision for those who enter the world of cryptocurrencies, taking into account that this software can be adapted to the needs of the user, however, depending on these requirements, it is possible to choose a wallet that meets with some key aspects. Among the aspects that should be considered when selecting a wallet, the following stand out:
Compatibility of the platform with the devices
It is vital to choose a purse that can be used in the different devices that the user usually uses, that is; verify the compatibility of the wallet with the operating systems of the electronic device, whether Android, iOS, Mac, Windows, among others; in this way its use is facilitated.
Security tools
Security is a determining factor when choosing a good digital wallet, many wallets offer various security options based on encryption tools, which provide various levels of security in the virtual wallet.
The best wallets to store cryptocurrencies.
One of the first steps that must be fulfilled to operate with cryptocurrencies is to own a wallet, and certainly, there are numerous digital purses on the Internet, however, some have stood out above the rest, for offering innovative features that benefit the user. Among the purses that stand out in the digital world, are the following:
Exodus
This is a wallet that provides investors with digital assets of a chain of blocks, a totally secure platform, in which they can properly manage their funds, in the same way it works as a house of exchange in which it supports a wide range of criptodivisas, where the exchange is made without any type of interruption, since it works through the integration of the shapeshift tool.
This wallet is characterized by offering a high level of security, since it only operates as a desktop wallet, which allows private keys to be encrypted locally, without the need for accounts, servers or sharing any data.
Jaxx
This is a portfolio that is based on Bitcoin software, its use is oriented especially for smart mobile devices, although it can also be used in a desktop version.
The most important feature of this wallet, apart from being compatible with smart phones, is that it integrates the shapeshift tool into its operation, but unlike Exodus, it changes the address of the wallet in each transaction, which helps anonymity.
Mycelium
This open source portfolio is ideal for those who seek to obtain a high level of anonymity in each of their transactions, said wallet is classified as a mobile wallet, which offers various features in relation to security and privacy, additionally, it is one of the wallets that offer compatibility with Trezor, another wallet of hardware type, this allows to manage more users, and that these have total control of Trezor from Mycelium.
Trezor
This is a hardware type wallet, which is excellent for storing large amounts of cryptocurrencies; One of its main features is that Trezor has an intuitive interface, this allows any user to easily handle the system, regardless of whether he is a novice or an expert in the area.
Additionally, this is a wallet that provides the same benefits as an online wallet, combined with the most up-to-date security features.
Ledger nano s
It is a light but solid wallet of multi-currency hardware for cryptocurrencies. It is very easy to carry everywhere thanks to its USB format. It has a small screen for validating payments and can be connected to any computer through USB. It is a hardware wallet that is based on solid security features to store cryptographic assets and ensure digital payments. It connects to any USB computer and incorporates a secure OLED screen to verify and confirm each transaction with a single touch on its side buttons.
but it should be kept in mind that this is my personal opinion.