web wallets
A web wallet is an online service that allows users to store, send, and receive cryptocurrencies like Bitcoin or Ethereum. These wallets are accessible through a web browser, making them convenient for users who want to manage their digital assets without downloading software. Web wallets often require users to create an account and may offer features like transaction history and easy integration with exchanges.
While web wallets are user-friendly, they can be less secure than other types of wallets, such as hardware wallets or paper wallets. This is because they are hosted on servers, which can be vulnerable to hacking. Users should choose reputable providers and enable security features like two-factor authentication to protect their funds.