Software Wallets

Software wallets come with a lot of convenience. As extensions they are integrated into your browser and make it easy to connect to crypto apps also known as decentralized apps (dApp). MetaMask is the most trusted software wallet and it comes with many functions to ease your crypto activities.
Another software standard that many crypto users trust is Brave Browser. A browser that is built upon and therefore looks a lot like Google Chrome.

The easiest and fastest way to start your crypto journey is through installing a software wallet. Metamask is the most widespread and popular hot wallet that allows you to securely store and manage your cryptocurrencies. It's a browser extension that integrates with your web browser, making it convenient to access your digital assets while browsing the internet. With Metamask, you can easily interact with decentralized applications (dApps) and perform transactions such as buying and swapping crypto tokens.

Before you install any software wallet, make sure that your computer is free of ransomware and viruses. Being vigilant and rigorous with security is very important if you engage with crypto. Since there is no insurance cover for stolen funds, everyone needs to have good security measures in place to protect your digital wealth.

When you install MetaMask as a browser extension you will receive a so called private key. A private key is made of twelve or twenty-four words that grant you full access to your wallet and all tokens it holds. Store your private key phrase in a safe place, keep it away from unwanted access and never share it with someone else.

Once you have your MetaMask installed you will get your first crypto address to receive and store crypto tokens. Since the MetaMask extension is part of your browser, you will be able to use it and interact with all sorts of different applications.

MetaMask

Brave Browser

  • Less secure than Hardware wallets

  • Requires secure access management

  • Very convenient to use online

  • Privacy Oriented Browser that blocks some tracking

  • Adblocker included

  • Get paid in $BAT tokens for getting ads

I like the versatility of MetaMask although some advanced functions can be technically overwhelming. Most importantly MetaMask is very battle tested with millions of users and a long development history. That makes it a more secure choice than newly launched wallets.

Brave browser is a great addition to your software wallet. It comes with some nice added functions such as ad blocking and the interface is comparable to Google Chrome.