If you're going to invest in bitcoin or crypto bot another digital currency, crypto bot you'll need a crypto wallet in which you can store your cryptocurrency. A cryptocurrency wallet is a safe place where you can store your proof of ownership of the cryptocurrency that you've purchased. These wallets can take different forms. Some of the best crypto wallets are physical hardware devices, while others are computer software programs. Crypto wallets offer other benefits besides security, crypto trade bot too. They give you greater control over your digital currency than you'll find with most exchange services.
Well-known services like Robinhood, PayPal and Venmo that let you buy bitcoin and crypto bot other cryptocurrency quickly store your digital currency in a "custodial" wallet, which means you're trusting the company to secure, protect and crypto trading bot hold your cryptocurrency. Ultimately, they have control -- and your crypto is in their proverbial hands.