| Biography: |
Cold wallets or hardware wallets are physical devices where you store your crypto keys. Think of it as a flash drive that holds the keys to your cryptocurrency instead of files. The only way a thief could steal cryptocurrency from a cold storage wallet is by accessing the device itself as well as your password details. Experts say cold storage wallets are the safest way to store crypto assets. When you buy Dogecoin on eToro Dogecoin sits with eToro. This means that you cannot send your Dogecoin to a crypto wallet. Say for example you want to swap your Dogecoin for a new coin that has come out that is not available on eToro. This means you need to sell your Dogecoin on eToro, withdraw the cash to your bank account, and then transfer that cash to whatever platform offers the coin you want to buy. This adds a lot of frustration. |
