What is a crypto wallet?

A crypto wallet is a device or program that stores cryptocurrency keys and allows users to access their digital currency. Crypto wallets can be used to store, send, receive, and spend cryptocurrency. 

How it works

  • A crypto wallet stores the private keys and address needed to sign cryptocurrency transactions 
  • Anyone who knows the private key can control the coins associated with that address 
  • Crypto wallets can be used to interact with the decentralized crypto network that manages and tracks virtual currency. 
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