Wallet

A crypto wallet is a digital tool that stores private keys, securing access to a user's cryptocurrencies and digital assets. It allows users to send, receive, and manage their holdings while ensuring secure transactions on blockchain networks. Crypto wallets come in two main types:

1. Hot Wallets:
   Connected to the internet, they offer easy access and are suitable for frequent transactions, typically via desktop, mobile apps, or web extensions.

2. Cold Wallets:
   Offline storage devices, like hardware wallets or paper wallets, provide enhanced security by keeping private keys disconnected from the internet.

By protecting private keys and offering user-friendly interfaces, crypto wallets empower individuals to participate in the digital economy with confidence, providing secure management of their crypto assets.