Hardware or software crypto wallets. Which one is better for you?
So your looking at whether you should be holding your crypto in a hard or soft wallet. We have put together a bunch of pros and cons and the reasons why for both. As crypto and bitcoin continues to gather in popularity and its price continues on the uptrend thinking about which wallet to choose from is important
What is a hardware wallet? More secure but harder to use
Hardware wallets like Trezor have their advantages, the main disadvantage being that you have to carry around a physical product and you can forget it at times. You also need quite a big upfront cost.
What is a soft wallet? (like Crypto.com ) Easier but potentially less secure
Soft wallets are generally online, and most of the big exchanges. Its all online so make sure you dont loose your seed phase but the benefits are its easy to access. The negatives are that its all online and so having good cybersecurity is essential. Check out Crypto.com
The choice is yours
There are of course pros and cons to each, ease of use and security being the main ones. but its really up to you and may in fact depend on the amount of crypto you hold.
"𝘋𝘰𝘯’𝘵 𝘪𝘯𝘷𝘦𝘴𝘵 𝘶𝘯𝘭𝘦𝘴𝘴 𝘺𝘰𝘶’𝘳𝘦 𝘱𝘳𝘦𝘱𝘢𝘳𝘦𝘥 𝘵𝘰 𝘭𝘰𝘴𝘦 𝘢𝘭𝘭 𝘵𝘩𝘦 𝘮𝘰𝘯𝘦𝘺 𝘺𝘰𝘶 𝘪𝘯𝘷𝘦𝘴𝘵. 𝘛𝘩𝘪𝘴 𝘪𝘴 𝘢 𝘩𝘪𝘨𝘩-𝘳𝘪𝘴𝘬 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵, 𝘢𝘯𝘥 𝘺𝘰𝘶 𝘴𝘩𝘰𝘶𝘭𝘥 𝘯𝘰𝘵 𝘦𝘹𝘱𝘦𝘤𝘵 𝘵𝘰 𝘣𝘦 𝘱𝘳𝘰𝘵𝘦𝘤𝘵𝘦𝘥 𝘪𝘧 𝘴𝘰𝘮𝘦𝘵𝘩𝘪𝘯𝘨 𝘨𝘰𝘦𝘴 𝘸𝘳𝘰𝘯𝘨."