What Is A Cryptocurrency Wallet And How Do You Use It?
A cryptocurrency wallet is, essentially, a storage option where you can keep the digital assets you’ve bought. Your funds can also be sent to another person’s crypto storage by entering their wallet address and choosing the amount you want to send. However, using a crypto wallet isn’t just about sending and receiving coins. It’s also about managing and controlling what you have. Unlike traditional storage, these wallets don’t actually “store” your digital assets. Instead, they keep track of your holdings on the blockchain. You have to put your private key (the secret code) in your wallet before you can access it.