As it comes in real life people want their wallets to more secure to keep their digital assets safer.Wallets will store the private keys when users want to access the bitcoins stored in the wallet for transaction. Different types of wallets are created in order to make it more protected.
Hot wallet’s(Online Wallet) are used to store a very small amount of bitcoin.
Cold wallet(offline wallet) is often called as a secured wallet where we can store large amount of bitcoin.
Wallet back up- Backing up your wallet can help you to access your funds even though if you lost your computer or mobile . Also, Wallet encryption is must avoid some malicious activities.
Using the updated version of wallet can help you to secure your money and wallet update can help you to avoid thefts. Multi-signature wallets are the next level of secured wallets.It is more secured than another kind of wallets. It requires multiple independent approvals to make a secured transaction.