CENTRALIZED WALLET DEVELOPMENT COMPANY
DAPPBREW
Understanding Different Varieties Of Online Crypto Wallets
HOT WALLETS COLD WALLETS
Hot wallets are online Cold wallets are hardware
software crypto wallets that crypto wallets similar to a
are connected to the hard drive that isn't
internet and can be easily connected to the internet
accessible from desktops and store the private keys
and smartphones for quick offline on the physical
cryptocurrency transfers. wallet device.
DECENTRALISED CRYPTO WALLET CENTRALISED CRYPTO WALLET
Decentralized crypto wallets are Centralized crypto wallets are
the ones where the responsibility custodial digital wallets that are
for the security and storage of the controlled by a third party. In
private keys is with the users. custodial wallets, the third party
Being a non-custodial wallet, the has control over the users’ private
company only provides the users keys and stores them on their
with software assistance. online servers.
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