What Is a Cryptocurrency Wallet & How It Holds Your Coins | Complete Guide

Most people imagine a cryptocurrency wallet works like a physical wallet—you put your money in, and it sits there until you take it out. That mental model will confuse you from the start. A cryptoc...

By · · 1 min read
What Is a Cryptocurrency Wallet & How It Holds Your Coins | Complete Guide

Source: be1crypto.com

Most people imagine a cryptocurrency wallet works like a physical wallet—you put your money in, and it sits there until you take it out. That mental model will confuse you from the start. A cryptocurrency wallet doesn’t hold your coins at all. What it holds is something far more valuable: a private key that proves…