4 responses

  1. Eelco
    August 12, 2018

    Cheers for the article! Been looking for something like this, since i had no idea which wallet i should pick, but this cleared it up for me a lot! Do you happen to know something about coinbase too? Is that something like a software wallet too?

    Cheers,

    Eelco

    Reply

    • James
      August 12, 2018

      Hello!

      I’m glad this could help. While I recommend a hardware wallet (which is the most secure). However, yes, I also have a Coinabse account and it is much like a software wallet. They only difference is that with keeping your funds on a Coinbase wallet you do not have access to your private key. This means that if Coinbase is hacked, the hackers can obtain your private key and take your funds; but to date Coinbase has never been hacked. If you would like to learn about more potential exchanges take a look at my article “How to buy Bitcoin Online“.

      Reply

  2. Andrew
    August 12, 2018

    I’ve recently been looking for more information on wallets, especially software wallets. I’ve always liked the idea of having a nice wallet on me, and I’ve found this article to be very interesting. Thanks for this useful information.

    Reply

    • James
      August 12, 2018

      Hi Andrew!

      Thanks for reading and I am glad that you found this article helpful. Feel free to check out our reviews on the Keepkep and Ledger Nano S hardware wallets. They are what I personally use to secure my crypto.

      -James

      Reply

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