Before answering the question, I would like to tell you about the different types of wallets. There are cold wallets and hot wallets available in the market. Each of them has its own set of advantages and disadvantages.

 

When coming to the question, I personally use cold wallets as they offer high security. My hardware crypto wallet secures my crypto from hacking or other malicious attacks because it is not always connected to the internet. Additionally, I am not a daily trader, so my transactions are neither regular nor frequent. Therefore, a cold wallet is the best suitable option for me.

 

But, if you are a regular trader looking for an ideal wallet option, it is good to go for a hot wallet. It is because hot wallets enable you to make faster transactions through the internet.

 

Or else, if you are willing to develop your own custom and secure wallet, consult a professional company that provides the best cryptocurrency wallet development services.