What Is The Best Crypto Wallet In 2021?

With the advent of cryptocurrency, the modern world has changed. This new alternative to the traditional fiat money has become so popular that many companies like Amazon, Subway, Microsoft, Starbucks, Tesla, and many others started accepting crypto as a payment method. Cryptocurrency attracts investors and all people who see freedom and opportunity in it. The first problem faced by potential crypto owners is how to store digital coins. So, what is the best crypto wallet in 2021? Newbies usually have a lot of questions, so in this guide, StealthEX will try to teach you how to protect your digital funds and choose the right cryptocurrency wallet.Basically, it is a digital equivalent of a bank account that allows storing, sending, and receiving cryptocurrency. Crypto wallets have two essential components: a public key and a private key. The public key is a wallet address to which anyone can send you coins. The private key is both a login and a password used to access your currency.There are two main types of wallets: hot and cold ones. Hot wallets are digital cryptocurrency wallets, while cold wallets are physical devices that store coins inside of them.Hot wallets can be divided into online, desktop, and mobile wallets. Hot wallets are easy to set up, convenient to access and most of them are available for free. They also support different pairs of crypto coins.A hardware wallet is the classic example of a cold wallet. Basically, it is a physical wallet in the form of a USB drive. Usually, cold wallets don’t accept as many cryptocurrencies as hot wallets. Cold storage devices cost close to $100.All the wallets have several levels of security. The key difference between hot wallets and cold wallets is that hot wallets are connected to the internet, while cold wallets are not. As…