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How many different wallets are out there?

Ektalakra

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Lists of different types of online wallets or E-Wallets:
1. Closed wallet: It enables users to make payments via an app or website.
2. Semi-closed wallet: It allows users to easily make transactions at merchants and locations that are listed.
3. Open wallet: Provide by banks.
4. Crypto wallet: Users are public.
5. IoT wallet: It works with e-money and virtual currencies.
 

Lens

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There are different types of wallets. The hardware wallet that keeps your cryptocurrency fund away from online and the hot wallet that is always connected online. Example of such wallet is found in the cryptocurrency exchanges.
 

joy101

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We have many wallets but currently I am using only one wallets that is binance because of how good them are, because for me I don't like using any platforms that is new, so binance is only one for now.
 

Ononivami

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The cryptocurrency wallet are the hot wallet and the cold wallet. the hot wallet is connected to the internet and their wallets are provided by mostly the brokerage. The cold wallet are connected to the internet whenever it is to be used but they are often offline.
 

Lens

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The cryptocurrency wallet will be categorised into 2. One is the code wallet while the other is hot wallet period the old wallet is always connected to the internet and is more exposed to cyber criminals unlike the cold wallet.
 

Chibson

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If you are talking about online wallet or hot wallet there are a lot of them on the internet.

the one i mostly use is trust wallet and sometimes metamask. I have an account with safe pal also but i have not been using it.

I would advise you to get a hardware wallet if you want to store cryptocurrency with large amount of money..
 

Bookwormlux

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There are a lot of them out there, and these days , it is becoming more and more difficult to be able to differentiate between a legit one and a scam exchange platform.
 

Gandiba

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I only make use of finance and coinbase. this is due to the fact that they have been the most reliable ones I have seen in all my years of trying to use cryptocurrency exchange platforms.
 

Sincerem

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Trust wallet is also available and is somehow among the most trusted cryptocurrency wallet. I Only make use of binance to buy my favourite coins for investments and for selling of cryptocurrency to my bank account.
 

Robust

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At the moment, I do not know much about the latest wallet, but I know of Binance wallet, PayPal wallet, Raven wallet and others, but the best for me is Binance wallet because it is straight forward and fast in there transaction.
 

Smiles20

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Digital currency space is something that is almost a necessity as they are always new Innovations that are coming out every day so you cannot really be able to track.
 

Setho

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Using too many wallets at the same time he's definitely going to overexpose you and that is why you should try as much as possible to store your seed phrase so that nobody can see it.
 

Gandiba

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There are almost uncountable number of cryptocurrency exchange platforms and wallet out there , and this is a call for us to try as much as possible to make sure we do our due diligence to serve before getting to the cycle trying to settle for.
 

Ezekiel

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Both online wallet and offline are many,there diverse wallet I can't name them all but just to mention but a few,binance wallet,trust wallet,Busha,AEX wallet,Bitmart,S wallet,some of this wallet exchange wallets
 

Robust

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The best wallet to use for your online transactions is Binance because it is very fast in terms of transactions and marketing rate of dollar is higher than Luno, roqqu and Quidak.
 

Setho

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There are so many wallets out there that it is almost impossible for you to complete counting them so you should just use the one which you think has high security and then stick with it.
 

Emmy

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I'm currently using one wallet as well which is trust wallet though I have heard of other wallets like binance, coinbase, luno, wax, paypal, payoneer and all the likes; I just love trust wallet.
 

Ogbest

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Thus far, I have only used one. I keep seeing people talking about new ones... Seemingly every day.

Just how many wallets are out there right now? Is there a benefit some have over others?
As far as Crypto currency is concern, I don't have more than one wallet. But I wish to have as many as possible but that can only take place if I happen to know more about Crypto currencies and the need to have many wallets.
 

Chibson

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As far as Crypto currency is concern, I don't have more than one wallet. But I wish to have as many as possible but that can only take place if I happen to know more about Crypto currencies and the need to have many wallets.
It is not good to depend on one cryptocurrency wallet especially when you have reasonable amount of money on them the wrong. I have up to five or more cryptocurrency wallets in which i use to store my coins.
 

Setho

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There is basically cold wallet and hot wallets depending on what you are going to use it for .you can use your cold while it for a very long time to store cryptocurrency.
 
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