1. Hardware wallets: A hardware wallet is a physical device that stores cryptocurrency, such as a USB drive. It is the most secure storage option, since it ensures that your private keys are not exposed to anyone who can access your computer.
2. Online wallets: An online wallet, also known as a hot wallet, is an online storage service that allows users to store and manage their cryptocurrency. These wallets provide users with a secure interface where they can transfer funds and manage their digital assets.
3. Paper wallets: A paper wallet is a physical document containing all of a user’s public and private keys. Users can print out their paper wallet, or generate one online, and store it in a safe location.
4. Desktop wallets: A desktop wallet is a software program that is downloaded onto a computer and used to store, send and receive cryptocurrency. Desktop wallets are easy to use but usually not as secure as hardware wallets.
5. Mobile wallets: Mobile wallets are applications that are installed on a user’s smartphone. These wallets allow users to easily access and manage their cryptocurrency from any location.