If you have the coins in your own wallet, you absolutely control them and you are the one. A cryptocurrency wallet is a program that allows you to track, send and receive coins through the blockchain such as a bank account. Each wallet is made up of 2 types of keys. The public key acts like an address (think email or phone number) and the other contains your account key or password.
With that key you can open the doors of your wallet. Not long ago, Reddit decided to launch its NFTs called CryptosNoos NFTs. You can get the official NFT from Reddit by purchasing it on the platform's marketplace. You can also buy them only with ETH in your MetaMask wallet.
If you don't have MetaMask yet, you should definitely do it. According to Reddit, two hardware wallets stand out by consensus, Ledger and Trezor. These wallets have two versions available, one for beginners and one for more experienced users willing to shell out extra money. In addition, they have desktop and smartphone applications such as Ledger Live and Trezor Suite that allow you to use your crypto funds directly from the wallet.
Desktop Wallet: Wallets that can be installed on different desktops and are compatible with Windows, Mac and Linux. Avoid installing more than 10 crypto wallet applications on your phone, as over time it will be impossible to keep track of your passwords and passwords. As always, if you can, choose the safest type of wallet to minimize the risk of losing your crypto. But it all depends on you, as we will list the best crypto wallets according to Reddit, whether they are hot or cold.
Paper wallet: A paper wallet is essentially a piece of paper that includes your public and private key, or a QR code (so you can quickly scan them and add the keys to a software wallet to make a transaction). Don't buy second-hand wallets and don't use Ebay, Amazon or God forbid Alibaba to buy hardware wallets. It is also one of the few remaining crypto wallets that only trade in Bitcoin, a currency that Electrum is uniquely equipped to support. I accumulate crypto on the exchange and then, once its value reaches 1k or it moves, I move it and place it in the hardware wallet.
Trezor One supports more than 1,000 cryptocurrencies, while Trezor T provides support for even more cryptocurrencies, being officially the wallet that supports most crypto assets. Trezor is a well-known brand in the cryptocurrency world, which has launched the first hardware crypto wallets. The main difference between them is that hot wallets are always connected to the Internet, while cold wallets are kept offline. You would only invest in a hardware wallet if you expect to continue investing and have more than a few hundred in the wallet.
A highlight is its Atomic Swap feature, which uses a decentralized cryptocurrency exchange hosted within the wallet itself to exchange coins without third parties.
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