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    Vikshita Vitthal Gujaran in OBOSWAP

    13-Dec-2022 03:09 PM


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    How to use Crypto Wallets?

    This module will give you an overview of crypto wallets, how they work, and what types of wallets you can choose to use.

    Crypto wallets explained
    In short, a crypto wallet is a tool that you can use to interact with a blockchain network. There are various crypto wallet types, which can be divided into three groups: software, hardware, and paper wallets. Depending on their working mechanisms, they may also be referred to as hot or cold wallets.

    The majority of crypto wallet providers are based on software, which makes their use more convenient than hardware wallets. However, hardware wallets tend to be the most secure alternative. Paper wallets, on the other hand, consist of a "wallet" printed out on a piece of paper, but their use is now deemed obsolete and unreliable.

    Source - https://academy.binance.com/en/courses/track/beginner-track/crypto-fundamentals/how-to-use-crypto-wallets?utm_source=BinanceAcademy&utm_medium=Social&utm_campaign=Course

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