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Maiar is a digital crypto wallet and global payments software that helps you to safely store and share cryptocurrencies on your smartphone. By simply entering a phone number or a @herotag, you can send and receive crypto money to and from everyone in the world almost immediately.
A crypto wallet is a location where you may put your cryptocurrencies safely. Crypto wallets come in a variety of forms, but the most common are hosted wallets, non-custodial wallets, and hardware wallets. What you want to do with your crypto and what kind of safety net you want to have would determine which option is best for you.
When you buy cryptocurrencies from an app like Binance, the funds are immediately moved to a hosted wallet. It’s called hosted because the crypto is stored for you by a third party, equivalent to how a bank stores the money in a checking or savings account. The biggest advantage of storing your cryptocurrency in a hosted wallet is that you will not lose your funds if you forget your password.
Hardware wallets: A hardware wallet is a physical computer the size of a thumb drive that holds your crypto’s private keys offline. Because of their increased sophistication and expense, most people don’t use hardware wallets, but they do have some advantages, such as keeping your crypto safe even if your computer is hacked.
Maiar is a non-custodial cryptocurrency wallet. As a result, Maiar:
- Is a decentralized wallet, and the keys to your cryptocurrency…
