Desktop Wallet

A desktop wallet refers to a software-based wallet designed for the secure storage of cryptocurrency and digital assets. It is installed directly onto a computer or computing device. Desktop wallets are typically non-custodial, granting users full control over their private keys. These wallets are categorized as hot wallets since they remain connected to the internet, unless specifically turned off or installed on an offline secondary device. Most desktop wallets offer features such as password protection and the option to generate a recovery phrase, which enables key regeneration if needed.