November 21, 2023
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1 minutes of reading
Crypto wallet
A software or hardware solution designed to store, send and receive cryptocurrencies. A crypto wallet allows users to manage their cryptocurrency assets, similar to how a bank wallet allows them to manage fiat money. This tool provides access to cryptocurrency funds by providing unique addresses, and also allows you to conduct transactions, check balances and monitor transaction history. A crypto wallet can come in different types, including online wallets, hardware wallets, mobile wallets, and software wallets, each of which provides different levels of security and usability.