What is a crypto wallet?

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What is a crypto wallet?

Rounding it up

  • A crypto wallet is a storage system for private keys and public addresses associated with your digital assets.

  • Since all crypto exists on the blockchain, a crypto wallet doesn’t physically “store” crypto.

  • There are three kinds of crypto wallets: online, hardware, and paper.

  • Each crypto wallet offers varying levels of security and convenience.

  • Regardless of what kind of wallet you use, keeping your wallet secure at all times is critical if you want to prevent theft and hacking attempts.

9 min read

Gaby Pilson
#security#cryptocurrency#bitcoin#crypto wallet

Gaby Pilson

Gaby Pilson is a writer, educator, travel guide, and lover of all things personal finance. She’s passionate about helping people feel empowered to take control of their financial lives by making investing, budgeting, and money-saving resources accessible to everyone.

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