could you tell us what kind of wallets exist out there and if you could also suggest some brand names [Music] so there are different classification of crypto wallets the first one is custodial and non-custodial wallet a custodial wallet is when you are trusting somebody else with your private key and before we move to that let's understand the private key and publicly right like let's take the analogy of email algorithm so now let's say you have your email address as rahul gmail.com i believe that's not your email so people don't start emailing you but but that's your public address you know that's like the bitcoin address that you give to others to send you bitcoin then there is a password to access your email that is your private key which is alcohol numeric like you know some 32 digit that's alpha numbering that is called private key now that private key whoever is the owner of that private key can access that bitcoin that is your password you don't share it with anyone now as i said it's alpha numeric so there is another thing called seed word now seed word is like you know words like water food so there is like 12 word 18 word or 24 words seed word from which private and public key is generated now when we are setting up a wallet we usually get this seed word that we need to store safety now there comes the classification there is custodial wallet and there is none custodial wallet when you are restoring the cryptocurrencies on an exchange you're giving the custody of your wallet to somebody else if the exchange is shut down or the exchanges get hacked you would never be able to retrieve your coin because you don't have the private a non-custodial wallet is when you have the ownership of the wallet you are the one who have to ensure the safety of the seed word or the private key in this case so that's first classification the second classification is based on the type of wallet or based on device so there is browser wallet like you know like it's like a chrome add-on or brave add-on or firefox add-on and some of the popular ones are meta masks for the ethereum phantom all the layer 2 solution another one which is upcoming is x day free wallet where you can store bitcoin on a browser chrome extension then comes the desktop browser desktop browsers are mostly the one very popular one is exodus another one is called laser life and the third one is your mobile wallet and the one that i could recommend is the trust wallet for that then there is hardware wallet which is the most secure wallet out there some of the most popular name there are major nano x legend and os it's by the same company called ledger another one is called trezor they have two what model the popular one is tracer model t there is another one called safe pal which is like a cheaper version of the hardware wallet cost i think about 39 it's for the people who are looking for a very budget friendly solution [Music] you