After you get your first coins, you are going to need a place to keep them. While it is possible to keep your coins on an exchange, it is not recommended. When your coins are on an exchange, you are not in control of your private/public keys. There are five main ways in which to store your coins; each with their own pros and cons.

1) Hardware Wallet

Pros: Super Secure // Cons: Expensive

The coolest looking USB stick you will ever buy, hardware wallets are one of the most secure ways to store your coins safely. Be sure to check the official websites to make sure they are compatible with your coins.

1) Ledger Nano S

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2) TREZOR

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3) KeepKey

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2) Desktop Wallet

Pros: Easy to Use // Cons: Computer Can Crash

A desktop wallet is considered somewhat more secure than both an online (web) wallet and mobile wallet, however that depends on your commitment to online security. Not a lot of options right now but will probably be more in the coming months.

1) Exodus

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2) Armory

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3) Web Wallet

Pros: Easy to Access // Cons: Not the Safest

Online wallets are typically cryptocurrency wallets that you access via your web browser. In some cases people refer to all hot wallets as online wallets, but that only gets confusing when we start to discuss individual platforms that your wallet resides on, such as mobile or desktop wallets.

1) Coinbase

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2) Green Address

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3) Bitgo

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4) CoPay

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4) Mobile Wallet

Pros: Crypto on the Go // Cons: Extremely Unsecured 

Mobile wallets provide access to your cryptocurrencies wherever you are with your mobile device and provide additional features above and beyond wallets that are completely internet-based, however they also come with additional security risks.

1) Ethos

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2) Jaxx

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3) Bread

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4) CoPay

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5) Paper Wallet

Pros: Somewhat Technical // Cons: Offline and Secure

Mobile wallets provide access to your cryptocurrencies wherever you are with your mobile device and provide additional features above and beyond wallets that are completely internet-based, however they also come with additional security risks.

1) MyEtherWallet

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2) BitAddress

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