Online or WEB-wallets
Online cryptocurrency wallets are very convenient and accessible from anywhere in the world where there is an internet connection. However, it is not safe to store large amounts on them for such cases, choose a hardware or desktop wallet.
Use your WEB wallet for small online purchases, donations, casinos, etc., i.e. in places where you don’t need to “shine” your main wallet
Pros of online wallets
Simplicity
The easiest way to store cryptocurrency
Convenience
Conveniently send and receive payments quickly
Accessibility
Easy access from different devices, only requires a web browser
Cons of cryptocurrency WEB wallets
- The website of the web wallet may be hacked
- Service interruptions can make it difficult to access your funds
