Mobile wallets/apps are the most popular storage method for cryptocurrency globally, with of users opting for this option likely due to its convenience and accessibility. Close behind, cryptocurrency exchanges are also a common choice, offering easy access for trading but may not be ideal for long-term storage due to the risk of hacking and lack of control over private keys. Other methods, such as physical devices and software wallets, also play a role in providing a more secure option for storing crypto, especially for long-term holdings.
Gain a broader perspective by reviewing global cryptocurrency familiarity, barriers to cryptocurrency adoption worldwide, cryptocurrency interest worldwide.