Not all crypto wallets can handle your different types of cryptocurrency assets. In fact, some wallets are purpose-built for just one cryptocurrency; many cryptocurrencies have their own official wallets, which can handle only that one crypto.

For example, Bitcoin-specific wallets include Bitcoin Core Wallet (https://bitcoin.org/en/choose-your-wallet), Mycelium (https://wallet.mycelium.com/), and Electrum (https://electrum.org/#home). See Book 3, ssss1 for more about Bitcoin and wallets. For Ethereum, you have options such as Ethereum Wallet (www.ethereum.org/) and MyEtherWallet (which is a paper wallet; see www.myetherwallet.com/). Book 2, ssss1 has steps on setting up a wallet through www.ethereum.org/. And Book 4, ssss1 has more specific information about choosing an Ethereum wallet.

Multicurrency wallets are an option for people who want to hold more than one cryptocurrency. The majority of online wallets provided on the exchanges (introduced in Book 5, ssss1) give you the opportunity to store and transact among multiple cryptos. However, if you’re using these wallets to store your crypto assets, know that your wallet security may be compromised.