Cryptocurrency

The day of buying your first cryptocurrencies arrives and you realize that you have to have a wallet to store them, what is a wallet? Where do I buy a wallet?

First of all, a cryptocurrency wallet is a wallet where you will have all your cryptocurrencies stored, in this case it can be virtual or physical and practically has the same characteristics as the wallets we use on a day-to-day basis. For Bitcoin there are several types of wallets, but for other cryptocurrencies that are not as well known, some of the wallets mentioned below are not available, this is why you have to investigate the cryptocurrency that you want to invest in case Do not be the Bitcoin.

There are two types of wallets:

• Cold: They are those that are disconnected from the internet, it is a good option since they are far from the hacker and that you suffer some kind of tragedy with your money. The only problem that is attributed to you is that you can physically lose it.

• Warm: It is totally the opposite to the Cold Wallets, because these are totally connected to the network through your computer or smarthphone.

From the hot wallets the following types are derived:

• Wallets in the cloud: Are those that through the installation of a program on the computer, you can enjoy all the benefits of your wallet as if it were a safe.

• Mobile wallet: You can have all your cryptocurrencies in a mobile application on your smartphone.
And of course you can not miss those that derive from the cold wallets, are the following:

• Paper wallet: I know it's a very traditional way and not as modern as cryptocurrencies are but even if you do not believe it you can print your unique code, and you'll have millions of dollars in bitcoin on a sheet of paper, it's like saying a check of bank.

• Hardware Wallet: My favorite, because these wallets are similar, are and have the same functionality as a pendrive. These wallets generate a key that allows you to save your cryptocurrencies in a very safe way.