The Cryptocurrency and Cryptoactive Wallets store the private keys that are needed to access the registered balances; in an address or public key of the corresponding block chain and be able to spend it.
Currently, there are various types of Cryptocurrency Wallets which are categorized; using two variables that are ease of use and security.
Pyramid of Portfolios
Well if we go to a pyramid, we would place the most secure and difficult to use Wallets at the top and at the bottom we would place the easiest, but least secure to use. Security is a determining factor of a good Cryptoactive portfolio.
On the other hand, if we start at the bottom of the pyramid we can find the exchange houses which act as a Cryptocurrency bank.
In it, users enter their Cryptocurrencies in an assigned address and the bank is in charge of managing it for them. They move the users’ money to one or more central Wallets, and from there they carry out the purchase or sale payment instructions that their clients indicate.
Cryptocurrency wallets easier and safer to use
CRIXTO is a digital platform to make payments in cryptocurrencies, especially to be used in Latin America, where users can make payments in Bitcoin. (BTC) Ethereum (ETH). o Litecoin (LTC) and commercial establishments receive dollars, euros or legal tender, directly into their bank accounts
Exchange houses represent a business, which allows the meeting between the real world (physical currencies) and the digital world (Cryptocurrencies); although there are also among cryptoactives. Users who store their savings in these services are at risk of losing their money, with the development of Bitcoin technology; Advances such as Atomic Swaps will make their use unnecessary in the future.
However, there are also online Wallets, which are those websites which allow users to mobilize their money independently; having exclusive control of your private keys and without having to install any software.
At the end of the pyramid, there are the applications of Portfolio Softwares which are installed on computers and mobile devices; and they serve as an interface to view balances in the addresses that the user has and mobilize the money in them.