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Questions and Answers
What type of wallet is considered more secure?
What type of wallet is considered more secure?
- Software Wallet
- Hardware Wallet (correct)
- Ledger Wallet
- Metamask Wallet
What is the most popular and known wallet for its ease of use?
What is the most popular and known wallet for its ease of use?
- Software Wallet
- Hardware Wallet
- Ledger Wallet
- Metamask Wallet (correct)
What is the best security measure for cryptocurrency?
What is the best security measure for cryptocurrency?
- Using an online wallet
- Using a software wallet
- Using a hardware wallet (correct)
- Using a Ledger wallet
What brand of hardware wallet is recommended?
What brand of hardware wallet is recommended?
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What type of device is a hardware wallet stored on?
What type of device is a hardware wallet stored on?
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What type of wallet is Metamask?
What type of wallet is Metamask?
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What type of wallet is Ledger?
What type of wallet is Ledger?
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What type of wallet is the most secure?
What type of wallet is the most secure?
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What type of wallet is not recommended for security?
What type of wallet is not recommended for security?
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What type of wallet should be used with Metamask for security?
What type of wallet should be used with Metamask for security?
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Study Notes
- Cryptocurrency wallets store your cryptocurrency so you can access it.
- There are two types of cryptocurrency wallets: software and hardware.
- Hardware wallets are more secure because they keep your cryptocurrency offline on a physical device.
- Ledger is a great hardware wallet brand.
- Metamask is the most popular and known for its ease of use.
- For security, we recommend using an offline Ethereum-based hardware wallet with Metamask.
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