👛 Choosing the perfect place to store your crypto

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Exchange vs. Wallet: Where to Store Your Coins Before diving into exchanges on Changelly, selecting the right crypto wallet is essential. The storage boils down to two options:  wallets for security and exchanges for trading . Hardware wallets are best for large amounts but can be clunky for frequent use. A cryptocurrency exchange lets you buy, sell, and trade digital assets, acting as a middleman for crypto and fiat. A wallet, either hot (online) or cold (offline), securely stores your crypto. In short,  exchanges are for trading, wallets are for safekeeping . What's a safer option? Top 3 Trusted Wallets MetaMask, a popular Ethereum wallet, serves as a gateway to decentralized apps (dApps) via a browser extension. As a hot wallet, it enables  real-time transactions on the Ethereum blockchain . While strengthened with seed phrases and encryption, it's still vulnerable to online attacks—so for larger holdings, a hardware wallet may be safer. Read the Metamask review Tangem, a card-shaped cold wallet,  protects crypto with a specialized chip . Tap it on an NFC device to manage funds via its app, supporting thousands of cryptocurrencies, NFTs, and dApps. Simple, portable, and secure. Read the Tangem review Exodus is a sleek, beginner-friendly software wallet that  displays your crypto portfolio in an intuitive pie chart . It supports a wide range of cryptocurrencies and includes a built-in exchange for easy trading. While it offers solid encryption, it lacks two-factor authentication (2FA), which could enhance security. 9 more wallets to choose from Have you enjoyed this letter? © Changelly 2015—2024 Get access to mobile-only rates Download the app to get exclusive benefits: Download About  |  Privacy Policy Manage Subscription Any information provided in this email does not constitute investment advice or investment recommendation nor does it constitute an offer to buy or sell or a solicitation of an offer to buy or sell digital assets or other financial instruments described in this email. In particular, this information should not be used as a substitute for suitable investment and product-related advice. Unless expressly stated otherwise, all pricing information is non-binding. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information in this email before making any decisions based on such information.