Forex & crypto
Crypto wallet
A crypto wallet is the tool that stores your access keys to your cryptocurrencies and lets you send or receive them.
A crypto wallet is the tool that stores your access keys to your cryptocurrencies and lets you send or receive them.
There are "hot" wallets (online, convenient but more exposed) and "cold" wallets (offline, safer). "Not your keys, not your coins": whoever holds the keys controls the funds.
You move your crypto from the exchange to a cold wallet to secure it offline.
Understanding a term is good. Applying it on a real platform with a clear method is better. That is exactly what we do in 5 days.