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How does storing cryptos work?

Discussion in 'Credit and Loans' started by Haliiy Franks, Jan 18, 2020.

  1. Haliiy Franks

    Haliiy Franks Registered

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    Portfolio:
    Cryptos are stored in a digital wallet.
    This wallet has a private and a public key.
    The private key allows you to transfer funds out of it. The public key allows you to transfer funds into it.
    If you lose your public key, you can still access it with your private key.
    If you lose your private key, you lose assess to your wallet’s funds.
    If someone discovers your private key, they gain access to your funds.
     
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  3. bluemac

    bluemac Registered

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    So do you recommend any wallet for storing these currencies for now..!
     
  4. Dora_WalletInvestor

    Dora_WalletInvestor Registered

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    There are many different kinds of wallets and it is up to your preferences and priorities which one you choose. Here is an article to help you get to know your options: How To Keep Your Cryptocurrency Safe: 7 Must Have Wallets
     

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