What is a Cryptocurrency Wallet?

A cryptocurrency wallet is a digital software program used to receive, store and send digital currency, such as digital coins or tokens, for buying and selling or other monetary transfers. There are different types of wallets, with a hardware variant deemed the most secure. A wallet does not actually contain the currency itself, but contains security codes call “keys” which reference the money on a blockchain. In other words, wallet “storage” is really a way to prove ownership.

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