This means that you need to enter a password in order to send bitcoins from most desktop wallets. Many desktop wallets encrypt your private keys and request a password to decrypt it every time you open the wallet. If someone has access to my computer can they access my bitcoins? Hardware wallets are the only type of wallet that costs money. A web wallet makes you set a passwords which it uses to encrypt your wallet on the web wallet server.ĭesktop wallets are actual apps that are installed on your computer. What’s the difference between a desktop wallet and a web wallet? Setup is very easy and you can have your hardware wallet securely signing transactions via your desktop wallet in just a few minutes. The copay app settings for adding a hardware wallet for multisig
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