A cryptocurrency wallet (crypto wallet) is a software or hardware tool for generating and storing cryptographic keys for accessing cryptocurrencies. Wallets allow you to manage funds (send, receive), create an unlimited number of new addresses to receive funds, and may have additional functions, such as currency exchange.
There are several types of wallets for cryptocurrencies. The main thing is to choose from them a reliable and secure way to store digital assets. According to the method of storage, they are divided into cold (without an Internet connection) and hot (with an Internet connection). You can install special software on a computer, phone, tablet, or create an online crypto wallet on a website. There are hardware devices and paper wallets for generating a private key and address, these methods are referred to as cold storage.
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