What types of crypto wallets are there?

It is recommended you purchase a cold wallet for the most secure storage of your coins.

  • Cold wallet: a cryptocurrency wallet that is completely disconnected from the internet, meaning it stores your private keys offline, providing a high level of security against online hacking attempts by keeping your crypto assets isolated from potential cyber threats; essentially, it’s a physical device like a credit-card-sized plastic device, a ring, or a USB drive that stores your crypto keys offline, making it ideal for long-term storage of large amounts of Kaspa.
  • Non-custodial wallets: Users don’t need to share personal information to create a non-custodial wallet
  • Hosted wallets: Users may need to share personal information to create a hosted wallet
  • Hardware wallets: Physical devices that store private keys offline
  • Hot wallet: an online wallet
Share