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“Crypto exchange” vs. “wallet.” After reading this article, you may ask why these terms are compared. They are used for different purposes and, thereby, have differing functions. We are going to make their unique features clear for you.

A cryptocurrency wallet is one of the most popular methods of crypto storage. And, within this category, there are two primary kinds of wallets: hardware and software wallets. How are these two types of crypto wallets unique from each other? And which one is best for an ordinary user – or for a long-term investor?