Hello guys today in this article we will tell about offline Bitcoin wallet and online Bitcoin wallet.
Many times you had heard about offline Bitcoin wallet or crypto wallets, but may be you don’t know about it and this thing is ignored by you.
So today in this post we will tell about these two type of crypto wallet online and offline.
Online Crypto Wallet
These are those options where our all assets remain at online platform and every time we need internet connection to login at the online platform.
Example of online wallets are mycelium, blockchain.com, bitcoin.org, coinbase, bitcoin core, electrum etc.
We always needed to go at online portal to login in our asset.
Offline Crypto Wallet
Offline crypto wallet are those wallet which do not require online portal to login the wallet.
These are knows as hardware wallet also .
There are numbers of option available for us to store in online wallet but for offline wallet, we are limited to few services.
These are based upon hardware wallet in the form of Pendrive look.
These are operated by the Bluetooth authentication and also password authentication.
Most trusted hardware wallet we can buy from official websites of tremor wallet , leger wallet.
We are not limited to store only Bitcoin but we can store multiple types of coins in such offline wallet.
This is a option to store your wallet in offline at printed paper.
In this case a user needed to export his private & public key from the Bitcoin wallet or any wallet of cryptocurrency , which allows to export private key in barcode form , at a paper through printer.
User can deposit Bitcoin in his wallet directly by scan the barcode of public key and also he can use his Bitcoin address directly anywhere.
And private key printed paper should be put at a very safe place by the user so that no one can touch or can damage it.
For safety purpose, you can do lamination at the private key barcode printed paper.
So guys here we share about three types of wallets online, offline & paper.
But before to use any type of wallet, do throughout research because everything have their own cons and pros.
And second thing is, you should not buy hardware offline wallet from third party websites like Amazon or Flipkart, may be you can get at very low price but there are chances that they are modified by someone.
So better to buy from official websites .
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