What is Crypto Wallet?

Crypto Wallet meaning and Crypto Wallet definiton

A digital or physical wallet is an address in which cryptocurrency can be stored, sent or received. The wallet is accessible through a private key.

Unlike traditional "jeans" wallets, crypto wallets don’t actually store the currency. In fact, currencies don’t get stored in any single location as they are only records of transactions stored on the distributed blockchain.

Read more about Crypto Wallet

Just search for a blockchain address here and see all of the transactions. If you know who has a specific address you'll get to see all of her transactions. This is why it's important to use multiple wallets.

Trending Definitions