☄️What Is a Crypto Wallet and How Does It Work?
A crypto wallet is a digital tool that lets you store, send, and receive cryptocurrency. Unlike a physical wallet, it doesn’t hold coins directly. Instead, it stores private keys, which are secret codes that prove you own your crypto on the blockchain.
☄️There are two main types of wallets:
☄️Hot wallets – connected to the internet, convenient for everyday use
☄️Cold wallets – offline, more secure for long-term storage
When you send crypto, your wallet signs the transaction with your private key and broadcasts it to the blockchain. The network then verifies and records the transaction.
☄️In simple terms: a crypto wallet is your personal key to safely access and manage your digital assets.
