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Digital wallets are just like bank accounts, but they work for cryptocurrency and are not controlled by any organizations. Once you set up a digital wallet, only you have access to its contents. They have two kinds of se

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Digital wallets are just like bank accounts, but they work for cryptocurrency and are not controlled by any organizations. Once you set up a digital wallet, only you have access to its contents. They have two kinds of security keys: one key for access and one to confirm any transactions.

There are two options to choose from: an online or offline digital wallet. Online wallets work through a cryptocurrency platform, most often a large-scale exchange. Make sure to pick one that supports all the currencies you are thinking of buying. Offline wallets are hardware, usually a USB stick, where you can move your funds. They are completely secure, just be careful not to lose your offline wallet!

It’s very easy to buy an offline digital wallet. Most technology stores have them and you can also find them online. However, setting up an online wallet is easier and quicker. If it matters to you it can also be semi-anonymously done.

 


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