Published in: Blog

What is a crypto wallet, and how does it work?

Author Mr Miner X

A crypto wallet is a tool that allows you to store, send, and receive cryptocurrencies. It comes in two main types:

Hot Wallets: Connected to the internet, offering convenience for frequent transactions.
Cold Wallets: Offline and more secure, ideal for long-term storage.
Crypto wallets use private and public keys to authorize transactions, ensuring the security and ownership of your digital assets.