What is a hardware crypto wallet?

A hardware crypto wallet gives you a secure way to store your private keys, giving you control over your cryptocurrency. It's a more secure alternative to just keeping your crypto on an exchange or using a software wallet. We've reviewed our recommendations and are confident these are still the best crypto wallets you can buy.

How to choose the best Crypto Wallet?

The most important thing to know before choosing one of the best crypto wallets is that there are two main categories: hardware wallets and software wallets, also referred to, respectively, as cold and hot.

Why do people store cryptocurrency in a wallet?

Another reason people choose to store their cryptocurrency in a wallet is that wallets are required to make certain kinds of crypto transactions — e.g., interacting with blockchain apps to do things like buy and sell NFTs.

What is a web-based crypto wallet?

Most web-based crypto wallets tend to be custodial wallets. Typically offered on cryptocurrency exchanges, these wallets are known for their convenience and ease of usage, and are especially popular with newcomers, as well as experienced day traders.