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  • Decoy wallets: Coinos and WoS
Easy to use, low fees, and always available to receive payments
  • Self-custody wallet: A secure wallet for short- and medium-term storage (Phoenix)
Sure, there's a one-time fee to open and maintain the account, and the fees are a bit higher, but that's the cost of self-custody.

Agree coinos is great for everyday use and very low fees etc.

Self custody is free on L1 as is secure cold storage.

Learn how to do it.

https://electrum.readthedocs.io/en/latest/coldstorage.html

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