How can you find the best Wallet?
To find the best wallet, it depends very much on the intended use. In order to have a small amount of crypto currencies for daily use in order to be able to pay, a mobile wallet is well suited. In order to hold larger amounts in the form of an investment in the long term, we strongly recommend a secure hardware wallet.
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4 Steps How We Find The Best Providers For You:
1. We Collect
The data represented on our website are fact-based and collected from trusted, verified sources only. In this way we make sure that the user’s decision is based on real facts.
2. We Analyze
In the next step we analyze many different providers in order to summarize the best and most important ones for our users. We write an in-depth review about every provider to show the most important features and pros and cons.
3. We Score
In order for you to help you easily decide which provider is the best, each provider is represented with a score. However, please always check the facts and figures yourself.
4. You Choose
When the gathered data is aggregated, analyzed and put into a comprehensive review, it’s your time to browse it and choose the best provider according to your preferences.
FAQ
What is a Hardware Wallet?
A hardware wallet is a small device, similar to a USB stick with a small display on it. With this device, cryptocurrencies can be stored very securely, as the private key never leaves the device. Even if a computer is infected with malware, the hardware wallet can be used safely, as every transaction has to be physically confirmed using buttons.
What is a Paper Wallet?
A paper wallet is the simplest form of a wallet. It just shows the private key and public key on a piece of paper. It is not suitable for storing large amounts of cryptocurrencies.
What is a Hot Wallet?
A hot wallet is an online wallet that is connected to the Internet. It can be installed on a computer or as a mobile wallet but can also be with an online provider.
What is a Cold Wallet?
A cold wallet is a wallet that is completely offline and is never connected to the internet. It is best suited for long-term storage of large amounts of cryptocurrencies.
What are custodial and non-custodial wallets?
Custodial wallets are wallets in which a third party controls the private keys and makes transactions for the user. In the case of non-custodial wallets, on the other hand, the user himself controls the private keys to the wallet.