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Cryptocurrency Wallet
HomeGlossary TermsCryptocurrency Wallet

Cryptocurrency Wallet

June 24, 2023BY Ubik Capital
168Views

Cryptocurrency wallets come in various forms, but their fundamental purpose is to store an individual’s private and public keys and interact with different blockchains. They enable users to send and receive digital currency, as well as monitor their cryptocurrency balances. Wallets have a public address that can be shared to receive digital assets, along with a private key that authorizes the transfer of digital assets to others. Wallets can be digital or physical, hot or cold, and custodial or non-custodial.

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