The need for safe and secure wallet is no longer an option. As the number of cryptocurrency users have been increased, the demand for wallet also increased. The hybrid wallet is one of the commonly used wallet that provide safe environment for cryptocurrency assets.
The hybrid wallet is storage system that is combination of web wallet (store on 3rd party server) and software wallet (store on your own computer). The majority of your digital currency account data is stored on third party server except one important thing, which is your private key, which uniquely identifies you. The private key is only stored on your own computer. When you make a transaction, you need to access your private key which include a secret password that only you know. Remember if you forget or lose your private key password, you can’t access your account and you could lose the money in your account forever.