What’s the difference between a desktop wallet and a hardware wallet?

by Katrin K. Blockchain Firm

If you are interested to take part in crypto trading, you would definitely need crypto wallets. There are different types of wallet choices out there. You will need to keep an eye on the features, pros, and cons of wallets to find out the desired type of wallet that matches your requirements.

Your search on desktop and hardware wallets are the right choices. One is a hot wallet, the other is a cold wallet. Let’s explore the things that distinguish desktop wallets and hardware wallets.

Desktop wallet

If you want to hold control of your wallet from your computer, you can opt for desktop wallets. These are the applications that are going to install on your computer, keep private key files in your drive, and allow you to take full control over the crypto wallet from your computer.

Pros

Users full control over the wallet private keys
Convenient crypto transactions

Cons

They are internet-connected wallets — much prone to security threats.

Hardware wallets

If you’re looking for a pen-drive-like wallet device, Hardware wallets are designed for you. It is a removable device similar to a flash drive. Whenever you need, you can connect the hardware wallets to your system and perform crypto transactions safely.

Pros

It is highly secure
Not prone to computer viruses

Cons

Expensive

Now, the choice is in your hand. Based on your needs, you can pick any one of the wallets. But choose a reliable partner company to access excellent Cryptocurrency wallet development services. I would suggest Blockchain Firm choose for attaining high-quality results.