Crypto Wallet definition
Definition
Software or hardware that stores private keys and enables cryptocurrency transactions
Wallets dont store coins but keys to access them on the blockchain; choosing between custodial and non-custodial depends on user control versus convenience. Wallet Types Comparison: Type | Security | Convenience | Best For. Hardware | Highest | Low | Long-term storage. Software | Medium | High | Daily transactions. Paper | High | Lowest | Cold storage. Exchange | Low | Highest | Active trading.
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