RE: Steemit Crypto Academy Contest / S3W3 - The Wallets by @rafk
With Crypto wallets, We can send, receive, and even store crypto..
We can as well buy and sell, swap, trade and even connect our wallets to DApps to explore important features of the crypto space. We can also mint and monetize our NFTs when we have exchange wallets.
I Currently use blockchain wallet, steemit wallet and trust wallets because they are multisign wallets and contain several coin variables.
I wanted to download the blockchain wallet some time back but a lot of friends have suffered theft cases with it. Though they said it’s user friendly, I can’t afford to lose my assets.
Not even my parents or most trust persons have access to my private keys.
In the crypto space, there is nothing like parents or trusted people that why the keys or passwords are subjected to one person. You just have to make sure nobody have your keys.
with a cold wallet It will require me to boot the computer. Plug in the hardware wallet and connect the computer online
Yeah that’s true, if you prefer cold wallets you still have to use hot wallets for your trade and other stuffs. Cold wallet is mainly for long term trade with large assets.
Please find time to visit my post as well.Good luck..!!