Bank account vs wallet !

[Debasco]

Though both bank account and a crypto wallet can be regarded as wallet, because they are both used for safe keeping of values, but the difference is that the way they operate, for bank account in this digital world, most looth money are intraceable, and crypto wallet same also.

[EthereumDev_]

unfortunately I prefer to use a wallet that can support cryptocurrency storage because it is safer and of course easier to use.

[Legion]

unfortunately I prefer to use a wallet that can support cryptocurrency storage because it is safer and of course easier to use.

yes you are right.

[mohdelayo]

Lol mate
Based on centralization and regulatory frameworks, a fraudster that will clear your money into another account can be traced carefully. But in the case of cryptocurrency it's impossible to traced a fraudster after they have cleared your wallet.

You know the basics of cryptocurrency. Decentralization making peers their own bank and all transactions are from peer to peer with no known physical identity. So once any peers bank gets compromised, that is it, no physical trace. Some of the cryptocurrencies did not even have a digital trace.

But yeah any day anytime, i will always choose to be my own bank.