Cryptocurrencies can be kept online or offline. If the cryptos are kept on the exchange platforms or other online platforms, it can be lost due to hacks.
So it is important to choose the best wallets that are safe and secure. Please help me in choosing the safest cryptocurrency wallets
It’s not just only about making use of the best wallets, what many people never talk about is what they are meant to do, the procedures they are meant to follow in order to be safe when making use of these cryptocurrency wallets. I have seen people say that paper wallets are the best wallets and I have also seen those that say hardware is the best, but that doesn’t mean that these wallets don’t have their cons, no there are ways that they are also bad.
If you are making use of these wallets and you’re not careful , you can lose your money at any time, so you have to be very careful when making use of these wallets. I have been making use of Blockchain wallet which is a mobile wallet for years now, since 2015 and I have never had issues with it. It works perfectly, but I see people who complain and say they were hacked and all that, and they blame Blockchain. I have also seen people complaining able it Trezor.