Читать книгу Cryptocurrency All-in-One For Dummies онлайн

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© John Wiley & Sons, Inc.

ssss1 Popular cryptocurrency wallet types.

Online wallets may be less secure, but they do have a bunch of advantages for small amounts of cryptocurrencies. An online (or web) wallet allows you access to your cryptos via the Internet. Therefore, as long as you’re connected to the Internet (the cloud), you can reach and store your coins and make crypto payments. The online wallet provider stores your wallet’s private key on its server. The provider may send you the crypto code but store your keys and give you the ability to access your keys. Different services offer various features, with some of them linking to multiple devices such as your mobile phone, tablet, and computer.

Advantages of online wallets include the following:

 They enable fast transactions.

 They may be able to manage multiple cryptocurrencies.

 They’re convenient for use on the go and for active trading.

Disadvantages include the following:

 They risk your online security because of potential vulnerability to hacks and scams.