How to choose the right wallet for storing cryptocurrencies

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4 years ago


The moment we step into the world of cryptocurrencies, the first thing we need to explore well is the way we store them.Since cryptocurrencies are digital money, they are kept in digital wallets. The digital wallet itself consists of the number of the account that is public, and you deposit your cryptocurrencies into it. This account number is a combination of numbers and letters that can be uppercase and lowercase, and when depositing if you enter the number manually, ie a combination, you must pay attention to it. The other part of the crypto wallet is the private key that serves as protection and proof that the real owner wants to send the money from his account.
Depending on the platform on which the digital wallet is located, we can divide them into the following:

  • Desk top wallet

    These wallets were created as a necessity when quite ordinary people who did not cope with Linux program commands joined the world of cryptocurrencies. Their characteristic is that it is a program that is installed on a computer. With a simple interface, it has met with very good acceptance among ordinary users. Its advantages are that the keys for the transaction are located on the user's computer and thus give him some security.
    The desktop wallets themselves are as secure as your computer. If your computer is not accessible to strangers and if you regularly maintain a security system, this wallet is a very satisfactory solution.
    Some of the most popular desk top wallets are:

  • Electrum

  • Exodus

  • Jaxx Liberty

  • Atomic Wallet

  • Paper wallets


Paper wallets can be said to be the safest wallets for storing your crypto coins. When it comes to these wallets, you create a wallet that has both an account number and a security key, provided that none of this information is in the digital world, but is in your possession on printed paper. The only drawback of such wallets is that when you want to send your coins you have to do it by sending the entire amount, because once the key is published it becomes public and no one can guarantee the safety of the rest of the coins on the wallet. These wallets are ideal for holders, and it is recommended that the paper on which everything is printed be kept in a well-closed box or even better laminated to prevent damage. If the paper is damaged or lost then you permanently lose your coins as well.Paper wallets can generate on bitaddress service

  • Mobile wallets

    Advances in technology have led to the advent of mobile wallets. They are currently the most practical way you can keep your coins, and dispose of them within seconds. These are actually software applications that you simply install on your phone and that’s it. Of course, it is recommended that your transactions be protected by a 2FA system and a pin code.

  • Coinami

  • Jaxx

  • Exodus

  • Hardware wallets


    Hardware wallets in devices used to store your coins. They are similar to USB drives in appearance. Their advantage is that they also dispose of coins very quickly and are resistant to viruses, so it is safe to connect them even to a computer that is infected. Protect transactions with a pin code that you type on the device itself.
    Anyone who has a larger amount in crypto coins keeps them in a hardware or paper wallet.

  • Trezor

  • Ladger

  • HV.1

  • Web Wallet

    Web wallets are fully open and with all their contents are on the cloud. You can access them from any computer. The interface is simple and easy to use. Their disadvantage is that your data can be obtained by anyone who accesses your computer, either as an uninvited guest or through a virus. Also in the past, there have been hacker intrusions on the web wallet servers themselves, during which some user accounts have been emptied. Anyone who opts for a web wallet must protect their account with 2FA protection and a pin code, for security reasons.

  • Block chain

  • Coinbase

  • XAPO

Stock exchanges and markets can also be included in web wallets. But these are the places where your coins are least safe. Whether it's a hacker attack or the stock market simply shutting down, if you're not trading your news, don't keep it on the stock market.

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4 years ago

Comments

Knowing the best crypto wallet is necessary, since I found Atomic Wallet, it has solved all I needed in wallet. Be it mobile or desktop wallet, Atomic Wallet is one of the best and very reliable to recommend especially the newbies due to it's friendly user interface. About Atomic Wallet, explore - https://atomicwallet.io

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3 years ago

Odlican clanak :D stvarno super :D

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4 years ago

hvala na komplimentu

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4 years ago

jel se samo meni ne prikazuju poeni dje su i inace bili ili je to negdje premjesteno ako moze mala pomoc sve saljite na Mark Snow fb slika momka sa maramom

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4 years ago

Sjajan članak i nikada kao dosad aktualnija tema! Ja također koristim nekoliko walleta i to coinbase, xapo, Atomic, Cryptonator i electron cash.

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4 years ago

Jao posjetio si me na XAPO..jel to još postoji..Mozda imam neki sutniš tamo...ajde da pogledam.

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4 years ago

ja se iskreno nadam da jos uvek postoji imam tamo par stotina dolara nisam na njega ulazio ima 3 godine :D

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4 years ago

Tnx 4 sugect

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4 years ago

drug bravo ako si sve napisao na ruke....duggg ti je post hahah....ja koristim wirex,coinbase,blockchain.....ali nemam puno gore....eeee vidiš tu je problem

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4 years ago

iskljucivo pisem tj kucam, mada nije mi problem duzina kad krenem ide to ko voda, brzo kucam pa bude to za pet sest minuta napisano, samo je inspiracija bitna

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4 years ago

Ja isključivo koristim blokchain mislim da je bezbedniji.

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4 years ago

Jako lijep članak jer u današnjem svijetu hakiranja kripto valuta u novčanicima jako dobru pažnju treba obratiti na tehničku zaštitu tih novčanika od takvih napada.

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4 years ago

bas tako, ne smem da pomislim kada se kvantni racunari razviju do te mere da postanu siroko dostupni ovo enkriptvanje ce postati maciji kasalj za probijanje no videcemo do tad

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4 years ago

Wonderful, every part, great post but not for me. You know I'm stupid for wallets!

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4 years ago

pa nemoj tako, sve se da nauciti, e sad sto smo mi naucili na brojanje suski to je vec neka druga stvar :)

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4 years ago

Ja koristim cryptonator i bogami danas mnogo naučila zahvaljujući Amiru i Goci Ristić

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4 years ago

Vala si ovo lepo objasnio, onako skolski....Obuhvatio si bas sve...Jos samo da imam nekih par Btc i bilo bi vrh....Osim Bravo za post, nemam vise sta dodati.

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4 years ago

hvala lepo, naidje mi inspiracija pa rekoh da je prenesem na post, mozda bude nekom zanimljivo da procita

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4 years ago

Definitly XAPO is history, my favourite is Coinbase, very simply wallet for beginners. If you ask me I think Bitcoin is future of payments, so papper wallet will be wallet nuber one.

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4 years ago

I would love to try out these offline wallets for cryptocurrencies. Mislim da je Brane pisao kako koristi taj novčanik bez interneta. Nije mi baš jasno kako to funkcioniše.

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4 years ago

ako mislis na papirni walet to je bas prosto sto se tice pravljenja i deponovanjae sad kako se odatle salje to nisam ni ja shvatio do kraja inace pravis ga tako sto odes na ovaj sajt i onda se skines sa mreze odradis generisanje i to je to dobijes kao na slici listic gde ti je ispisana btc adresa a sa druge strane kljuc za slanje, i samo odstamaps to i negde sklonis, na njega depunujes najprostijim slanjem kao bilo koje drugo slanje novcica. E sad kada hoces da ih odatle saljes moras upotrebiti i ovaj kljuc ali kako ne znam to nisam nikada radio

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4 years ago

We live in a time of cryptocurrencies, and we really need to know where to store them. Very useful article! This information will help those entering the world of cryptocurrencies a lot.

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4 years ago