After you’ve bought your currencies, you need somewhere to put them. This place is known as your wallet. There are two types of wallets you can use: a software wallet and a hardware wallet.
You’ll need a software wallet if you want to engage in any active trading. When you sign up for accounts with certain exchanges, you automatically have access to a software wallet.
Hardware wallets are similar to external hard drives. You can use them to store your currency in a secure way. They’re best for currencies that you don’t plan on needing to access anytime soon.
You may have some people try to convince you to use a mobile wallet for your currencies. That’s not the best approach, though.
Mobile devices are easy to compromise, and your currencies will not be as secure as they would be in a software or hardware wallet.
Client: Dribbble
Date: May 5, 2018
Service: Offices