A Crypto exchange works like a brokerage, and you can deposit money via bank transfer, wire, and other common means of deposit. ... If a trader wants to trade between cryptocurrencies, they will pay a currency conversion fee, similar to institutional banks when you trade money from different countries. Keeping your crypto on the Crypto exchange where you bought it is probably the easiest way for investors to hold their coins. But for those who want to level-up to a more secure option, a cryptocurrency wallet can provide more protection.

MetaMask Wallet is a software cryptocurrency wallet used to interact with the Ethereum blockchain. It allows users to access their Ethereum wallet through a browser extension or mobile app, which can then be used to interact with decentralized applications. MetaMask Wallet has considerable security features that make it a reasonably safe software wallet. ... MetaMask wallets are most often compromised through phishing and malware attacks and not direct cyberattacks.