A desktop wallet is more secure that an online wallet because rather than being stored on an online server, your private key is stored on your computer hard drive. This adds an extra level of protection to your assets because if an online exchange was to go down, any coins stored in a wallet on that platform could potentially be lost. This is very rare, and although most online exchanges are very reputable and trustworthy, if you plan on buying and holding a large amount for a long time, a desktop wallet would probably be the best option for you.
Desktop wallets allow you to back up the wallet at your will, as well as generating a brain key for you to keep secure should there ever be a problem with your computer, or you wish to access your funds from another device.
BitShares – Your share in the Decentralized Exchange
Built using the latest in industry research, BitShares 2.0 offers a stack of financial services including exchange and banking on a blockchain.
They do also have an online exchange, however for greater security, the desktop wallet is recommended.
Download now: bitshares.org
- BitShares (BTS)
- Bitcoin (BTC)
- Ethereum (ETH)
- Dash (DASH)
- Steem (STEEM)
- MaidSafe (MAID)
Securing Bitcoin payments since 2011, Electrum is one of the most popular Bitcoin wallets.
Electrum is a very fast, decentralized desktop wallet which is very versatile. It can be used in different formats such as desktop, mobile, as well as supporting hardware storage for increased security. Although it does only support Bitcoin, it is still a great option when it comes to holding them for a long period with a high level of security.
Download now: electrum.org
- Bitcoin (BTC)
Control Your Future Wealth – All-in-one app to secure, manage and exchange blockchain assets.
Exodus is the first desktop wallet with ShapeShift built in, allowing seemless exchange between different altcoins, as well as keeping them safe and secure in your desktop wallet.
Again, like most desktop wallets, Exodus does not support the direct deposits of fiat currenncies to purchase altcoins, and most users purchase and transfer Bitcoin in order to begin trading. Local Bitcoins is great for that.
Download now: www.exodus.io
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