🟦 Daily Publication

📘What is a digital wallet and how does it work?

When we hear the word "wallet", we think of the place where we keep money.

In the crypto world, it's the same... but everything happens digitally.

🪙 A wallet or digital wallet is a tool that allows you to store, send, and receive cryptocurrencies.

It doesn't store the coins themselves, but rather the private keys that give you access to them.

These keys are your true property: whoever has them controls your funds.

🔹 Types of wallets:

1. Custodial: a third party (like Binance) keeps your crypto for you. They are practical and secure, but you depend on the platform.

2. Non-custodial: you have total control through a seed phrase. No one can touch your funds, but if you lose that phrase... you lose them forever.

💡 Tip:

If you use a non-custodial wallet (like Trust Wallet or MetaMask), write down your seed phrase on paper and keep it in a safe place.

It is the key to your financial freedom, but also your greatest responsibility.

🔐 The digital wallet is not just an app:

it's your bridge to financial independence.

💬 Do you prefer to control your crypto or let a platform manage it? 👇

#Criptomonedas #EducaciónFinanciera #Wallet #blockchain #BinanceSquare