What type of crypto wallet do I need? Crypto Confident Ep 4

Hardware wallets are generally recommended for safekeeping larger amounts, so for the sake of this introductory guide we’ll focus on software wallets.

Like most things in crypto, software wallets come in a few flavors.

There are web-based wallets added to your web browser and mobile wallets downloaded onto your phone or tablet.

Most software wallets operate along the same lines regardless of where they live.

Every wallet has an account address (also known as a wallet address or a public key) that exists on the blockchain.

This is the string of numbers and letters you can share with others so they can send you crypto from their wallets.

Think of it as your account on the blockchain.

While most software wallets are similar, it’s important to note that some wallets may only hold specific cryptocurrencies and work on certain blockchains.

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