Why should I store crypto in a wallet?

Storing cryptocurrency in a hot wallet They give you control over your crypto . They’re almost always free. They’re easy to use. You can send and receive crypto very quickly with this type of wallet.

A cryptocurrency wallet is an app that allows cryptocurrency users to store and retrieve their digital assets . As with conventional currency, you don’t need a wallet to spend your cash, but it certainly helps to keep it all in one place.

Nope your money can not increase it can only be same Wherever you store your bitcoin it will be worth the same. If you have 1 bitcoin on an exchange and the current price is $15k then that’s what it’s worth. If you have 1 bitcoin in a private wallet, well it’s still 1 bitcoin so worth $15k .