Things You May Not Be Aware Of The Desktop Wallet

Published On December 7, 2021 | By Franco Joey | Finance

 

Before getting the knowledge about whether you should choose a desktop wallet or, will it be secure or not. It is important for the person to know what a desktop computer actually is. Desktop cryptocurrency wallet are the wallets that are installed on the laptop computer or desktop. It offers their user complete control over the wallet; some desktops will include additional functionality such as exchange integration or node software.

If you consider getting the desktop crypto wallet, it is important for you to know things about that. If you have proper knowledge about that, only you will be able to use it wisely without any problem.

Is desktop crypto wallet safe?

When you talk about safety, then the desktop crypto wallet is safe. It is much more secure than web-based crypto wallets, but it is also less secure than hardware wallets. But as you know that hardware-software is quite expensive and not easy to maintain. That is why most people consider choosing the desktop wallet and not any other.   

How does it work?

Desktop wallets work on the desktop or laptop computer, and if you are considering using that, then it is important for you to first install the desktop application on your computer. It is an application that will run on your computer, and you will be able to store all the cryptocurrency on the desktop of your computer. When you have the desktop wallet, there will be nothing to worry about as the control of your funds will be in your hands. It means there will not be any kind of issue or problem with the third party regarding the freeze or loss of your funds. You will be the only one that is responsible for that.

How to transfer crypto to the desktop wallet?

If you want to transfer or import the crypto that you have in your desktop wallet, then there are a few steps that you need to consider. They are not lengthy; they will be done immediately and will not take much of your time. Those steps are mentioned in the following points-

Step 1- First, you need to click on the + button, which you may see on the main screen of the wallet.

Step 2- Once you click on that, the next thing you need to do is click on the import wallet.

Step 3- You need to enter your 12-word recovery phrase and select the BCH/BTC.

Step 4- After you have done these things, you need to select the import and import the currency.

The steps involved here are all simple; you easily import things without any problem. Once you do that, all your currency is secure. It will be done completely without any problem, and you will not face any kind of problem here.

Conclusion

A person may have got an idea about the desktop wallet and know how secure it is. However, if you want to store your crypto, it is important to have that.