What is a Crypto Wallet?
A cryptocurrency wallet is an application that functions as a wallet for your cryptocurrency. It is called a wallet because it is used similarly to a wallet you put cash and cards in. Instead of holding these physical items, it stores the passkeys you use to sign for your cryptocurrency transactions and provides the interface that lets you access your crypto.
- A cryptocurrency wallet is a device or program that stores your cryptocurrency keys and allows you to access your coins.
- Wallets contain a public key (the wallet address) and your private keys needed to sign cryptocurrency transactions. Anyone who knows the private key can control the coins associated with that address.
- There are several different types of wallets, each with its own features and levels of security. Many cryptocurrency wallets can be used to store key for different cryptocurrencies.
What type of Wallets I need to use ChainChum?
Software wallets include applications for desktops and mobile devices. These wallets are installed on a desktop or laptop computer and can access your cryptocurrency, make transactions, display your balance, and much more.To Know more: