{"id":3845,"date":"2017-06-22T06:48:06","date_gmt":"2017-06-22T06:48:06","guid":{"rendered":"https:\/\/yeeply.com\/en\/blog\/?p=3845"},"modified":"2023-12-11T10:46:18","modified_gmt":"2023-12-11T08:46:18","slug":"what-is-a-blockchain-wallet-and-how-do-you-choose-the-best-one-for-you","status":"publish","type":"post","link":"https:\/\/yeeply.com\/en\/blog\/trends-skills\/what-is-a-blockchain-wallet-and-how-do-you-choose-the-best-one-for-you\/","title":{"rendered":"What is a blockchain wallet and how do you choose the best one ?"},"content":{"rendered":"

If you are getting started in cryptocurrencies<\/strong> then one of the first things that you need to know about are bitcoin wallets<\/a>. It makes sense. If you want to carry another currency, you need somewhere to keep it. Bitcoin wallets give you somewhere to keep your digital cryptocurrency.<\/span><\/p>\n

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Source: Kisspng<\/a><\/figcaption><\/figure>\n

Bitcoin wallets use blockchain technology to keep your cryptocurrencies secure. They are run online or from apps and give you different features which help you keep your bitcoin secure. They are like a bank account for your bitcoin<\/strong> but without the bank.<\/span><\/p>\n

There are two types of bitcoin wallet<\/strong>:<\/span><\/p>\n

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  • Software Wallets <\/b>– This kind of wallet is software that you install on your computer or mobile device. They give you complete control of your bitcoin but sometimes beginners can find them tricky to maintain.<\/span><\/li>\n
  • Web\/Hosted Wallet <\/b>– This kind of wallet is hosted online by a third party. These wallets look and feel more like apps\/platforms and can be easier to use. As they are hosted by a third party you need to look into the security that they use to ensure that they have systems in place to protect your bitcoin.<\/span><\/li>\n<\/ul>\n