From hot wallets to cold storage wallets. Once you decide what works best for you follow the steps provided in these tutorials to secure your cryptos.
Exodus is a FREE, easy to use software wallet. Exodus is considered a “hot wallet,” since it is connected to the internet. But, it does allow for real-time portfolio updates and even offers an exchange feature within the platform.
Creating a paper wallet means that you are removing any electronic trail by creating a new address.
You would use a paper wallet if you didn't want to use a software or hardware wallet. The benefits are that its free and you can do it anywhere on any computer. The downside is that you have to enter the addresses manually to access your coins. Once you’ve created the address, you can then send your coins there for safe storage.
Blockchain wallets are the option for storing your coins safely when an easier option is not available (such as the coin is not supported by any hardware or software wallets). Another reason you would create a blockchain wallet is if you wanted to have a record of the blockchain, or if you were earning income from a coin that offered a proof of stake option.
This is an example of how to download the Digibyte blockchain, but each blockchain is generally the same process.