What Is a Crypto Wallet? [Beginner’s Guide]

What Is a Crypto Wallet? [Beginner’s Guide]

If you’re interested in becoming a crypto investor, then you must first understand the fundamental tools of cryptocurrency trading. One particularly indispensable is a crypto wallet. Crypto wallets play a vital role in the world of blockchain technology, enabling traders to monitor, manage, and transfer their cryptocurrency assets. 
Despite this, many myths and misconceptions surround the utility and characteristics of crypto wallets. In this article, we aim to demystify the concept of crypto wallets so you know exactly what they are and how to use them. We’ll also discuss the key functions of these wallets and address the two main types of crypto wallets you can own as a trader. Let’s begin!
What Are Crypto Wallets?
Crypto wallets are devices or applications that function as a wallet for cryptocurrency assets. Many believe that crypto wallets store cryptocurrency, similar to how a typical wallet stores a person’s cash. However, this is a common misconception. 
Cryptocurrency

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