A secure digital tool crucial for engaging with cryptocurrencies, functioning as the repository for public and private keys necessary for transaction operations. Wallets facilitate the storage, sending, and receiving of digital assets, and vary in form from software to hardware and paper-based.

Common types of wallets include: hot wallets (online, software-based) and cold wallets (offline, hardware-based).

“Managed to transfer my crypto into a new hardware wallet today—feeling much more secure about my digital coins now.”