Quote from: pratik009 on January 30, 2018, 07:58:54 PM

I see many of people aksed many times about the different wallets information.so i think this content will help all the members who want to know about the different cryptocurrency wallet.

There are basically two types of wallets.
1.HOT WALLET
2.COLD WALLET

HOT WALLET
   The hot wallet is also known as internet wallet beacause it's connected with the internet.you can access this wallet any time and anywhere from your computer or smartphone which have internet connection.the security of this wallet is very less than the hot wallet And more chances of hack.it usually free.

There are different types of Hot wallet available in cryptomarket.

1.ONLINE WALLET OR WEB WALLET:-
   This types of wallet are comenly use for store cryptocurrency.this wallet is hosting through the clouds and you can easily access this wallet from any location by your computer or samrtphone but your private key is store by the third party.Therfore this wallet has more chances of hack.

2.MOBILE WALLET:-
   This type of wallet you can easily use by install the wallet application on your smartphone.mobile wallet is available for all android,ios, blackberry etc systems.this wallet is very simple so anyone can easily use it.

3.DESKTOP WALLET:-
   This wallet is same like the mobile wallet but you can use this wallet by only your one computer.you have to download this wallet in your PC and install it. it's more secure and safe than any other hot wallet but you you can loss your all funds if your computer hack by someone.

COLD WALLET:-
   This types of wallet is not connect with the internet connection and it's usually on some device or paper.This wallet is also known as the offline wallet and safest among the all wallets.The hacker can't hack your this wallet.this wallets are use for long term storage and cold wallet may cost for purchase the device.

There are different types of cold wallet available into market.

1.PAPER WALLET:-
   Paper wallet is easily use and it's more secure.this wallet is in the form of paper which contains the private key and public key.The public key is for recive the bitcoin and public key is for spend the bitcoin. it's more secure wallet and no chances of hack beacause it's offline wallet.

2.HARDWARE WALLET:-
   This wallet is one of the most safest wallet.The hardware wallet is come with the USB so you can easily connect with your computer and send your bitcoins but hardware wallet doesn't need to connect for accept bitcoin.it's also offline wallet so no chance of hack.you can easily buy it from some online shopping sites.

So you can choose your wallets according to your convenience.But i suggest you as below.
▪️For small transaction:-online wallets
▪️For big transaction and storage:-hardware or paper wallet.

I think the best wallet is cold wallet.
it is the most safe wallet and he almost can't be hacked.
trezor or ledger they are the main two.