A cryptocurrency wallet is not a place where your coins are stored (they are always on the blockchain), but a tool for managing your private keys, which give you access to your funds. There are different types of wallets:

Hot Wallets: Connected to the Internet (mobile, desktop, web wallets, exchange). Convenient, but more vulnerable to hacker attacks.

Cold Wallets: Not connected to the Internet (hardware wallets, paper). Maximum security for long-term storage.

Hardware Wallets: Physical devices (Ledger, Trezor). The safest option for most users.

Choose a wallet based on your needs for security and convenience, and always follow basic security rules (backups of seed phrase, strong passwords, 2FA).

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