Crypto Wallets types explained
Categories of wallets
- Hot/Cold Wallets
- Hardware wallets
- Desktop Wallets
- Mobile Wallets
- Web Wallets
Hot wallets are connected to the Internet.
(High Risk)
Cold wallets, on the other hand, are stored offline
and don’t require internet connectivity.
(Low Risk)
Hardware wallets (Offline)
Hardware wallets are hardware devices that individually
handle public addresses and keys.
Desktop Wallets (Online)
These are installable software packs available for operating systems.
Mobile Wallets (Online)
Mobile wallets are just like desktop wallets made for smartphones.
Makes the use of QR codes for transactions easier.
Web Wallets (Online)
Web wallets are accessed by internet browsers.
e.g. accounts on broker pages.
Categories of wallets
- Hot/Cold Wallets
- Hardware wallets
- Desktop Wallets
- Mobile Wallets
- Web Wallets
Hot wallets are connected to the Internet.
(High Risk)
Cold wallets, on the other hand, are stored offline
and don’t require internet connectivity.
(Low Risk)
Hardware wallets (Offline)
Hardware wallets are hardware devices that individually
handle public addresses and keys.
Desktop Wallets (Online)
These are installable software packs available for operating systems.
Mobile Wallets (Online)
Mobile wallets are just like desktop wallets made for smartphones.
Makes the use of QR codes for transactions easier.
Web Wallets (Online)
Web wallets are accessed by internet browsers.
e.g. accounts on broker pages.
- Category
- Crypto Wallets
- Tags
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