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TOP 5 Bitcoin Hot Wallets! (Hard A$$et Protection)Different types of Cryptocurrency Wallets � 1. Desktop wallets � 2. Mobile wallets � 3. Cold wallets/ Hot wallets � 4. Online web wallets � 5. Paper wallets � 6. The three major types of crypto wallets are hardware, software, and paper wallets. Based on their work, they can be further classified as cold or hot wallets. Three types of crypto wallets include paper wallets, software wallets, and hardware wallets. Hot wallets are always connected to the internet while cold wallets.