Crypto.com App: Difference between revisions
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Latest revision as of 21:12, 10 October 2024
Official Website: https://crypto.com/us/app
- Hot Wallet [1]
- Mobile Wallet
- Custodial Wallet [2]
As of this page's most recent update, and according to documentation found online, popular coins and tokens supported include the following (see official website for more information):
Notes
- ↑ A cryptocurrency wallet connected to the internet used to manage access to private keys and the digital assets they control. Hot wallets sacrifice some security for convenience since they are more vulnerable to hacks and malware than wallets kept offline.
- ↑ A cryptocurrency wallet in which a third party, such as a cryptocurrency exchange, holds the private keys that authorize and sign transactions. Custodial wallets shift the burden of responsibility and security to the third party, lowering the barrier to entry for many new cryptocurrency users. A certain amount of trust is required, however, since users are reliant on the custodian to take proper security precautions and implement reasonable policies regarding their assets and funds.