Types of Crypto Wallets
Hardware Wallets (Cold Storage)
- Ledger Nano X - Bluetooth, supports 5,500+ assets, 149
- Trezor Model T - Touch screen, open source, 179
- SafePal S1 - Affordable option, 50
Software Wallets (Hot Wallets)
- MetaMask - Most popular, browser extension + mobile
- Coinbase Wallet - Self-custodial, integrates with Coinbase
- Trust Wallet - Binance-owned, multi-chain
Best Practice for UK Users
Use hot wallets for small amounts (under 500). Store significant holdings on hardware wallets. Never share your seed phrase. Consider a multi-signature setup for large amounts.