Are bitcoin wallets worth it?

Cryptocurrency enthusiasts often face a dilemma regarding the storage of their digital assets.

If the chosen crypto exchange or investment platform lacks in-built storage facilities, Bitcoin wallets become a viable option.

Crypto wallets are designed with the sole purpose of safeguarding users' private keys and cryptocurrency holdings from potential security breaches.

The majority of these wallets provide users with complete ownership and control over their assets, ensuring they are not reliant on third-party exchanges or platforms.

However, it's important to note that not all exchanges and investment platforms offer the same level of asset custody. Some may restrict access or impose limitations on users' ability to withdraw or transfer their funds.