Binance Academy
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What is a cryptocurrency wallet?
Explanation of digital currency wallets
In short, a cryptocurrency wallet is a tool that you can use to interact with the blockchain network. There are many types of digital currency wallets that can be divided into three groups: software, hardware, and paper wallets. Depending on how these wallets work, they may also be referred to as hot or cold wallets.
In short, a cryptocurrency wallet is a tool that you can use to interact with the blockchain network. There are many types of digital currency wallets that can be divided into three groups: software, hardware, and paper wallets. Depending on how these wallets work, they may also be referred to as hot or cold wallets.
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