Hosted Wallet

       A Hosted wallet is simply a wallet software that is typically provided by an independent third party that stores your public/private key pairs and even makes backups of them for emergency situations.

     Hosted Wallets are the anti-thesis to the die-hard crypto community, however, they must be given credit for their ability to simplify the entire key management process for regular consumers. Hosted Wallets make wealth management similar to traditional banking applications.