An Advisor’s Guide to Popular Crypto Wallets
The volatile nature of cryptocurrency makes it one of the most intriguing speculative investments today. The trademark scarcity of bitcoin, in particular, has given it the reputation of “digital gold.”Just like with any physical item of value, crypto investors should practice good digital security habits similar to putting large sums of cash in a safe or a savings account insured by the Federal Deposit Insurance Corp. (FDIC). When storing crypto, investors may keep smaller sums hosted directly on whatever exchange (i.e., a digital trading platform) they use. They can also choose to move their crypto off platform and into a…