Crypto Wallets and Security Basics
Crypto Wallets and Security Basics Crypto wallets are tools to hold the keys that control your crypto, not the coins themselves. A wallet can be an app on your phone, a program on your computer, or a dedicated device that keeps keys offline. Your money is safe only when those keys stay private. Understanding the basics helps you use crypto confidently and reduce risk. There are different kinds of wallets. Hot wallets stay online and are convenient for daily use, while cold storage keeps keys offline and is safer for larger balances. For everyday transactions, a wallet on your phone or computer is handy. For savings, combine a hardware wallet with strong backups. Remember: you own the keys, and losing them means losing access to your funds. ...