Crypto Terms Explained #2 — What Is a Crypto Wallet? 🔐

If you’ve started learning about crypto, you’ve probably heard people say —

> “Keep your crypto safe in your wallet.”

But what exactly is a crypto wallet? 🤔

A crypto wallet is a digital tool that lets you store, send, and receive your crypto safely.

It doesn’t actually “hold” your coins — it stores your private keys, which prove that the crypto belongs to you.

There are two main types of wallets:

💻 Hot Wallets – connected to the internet (easier to use, like Trust Wallet or Binance Wallet)

🧊 Cold Wallets – offline and more secure (like hardware wallets such as Ledger or Trezor)

🔑 Your wallet = your control.

If you lose your private keys, your crypto is gone — no bank or support team can recover it.

That’s why we always say:

> “Not your keys, not your crypto.”

💡 In my next post, I’ll explain “What Are Crypto Exchanges?” — where people actually buy and sell crypto safely.

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