What the Heck are Digital Wallets? 2 Minute explainer.

1 month ago
13

Imagine your digital wallet like the wallet you use to keep your cash, but this one is online and stores digital money called cryptocurrency.

Think of it this way: your digital wallet is like your regular wallet. It’s an app or a device where you keep your digital money safe. Now, just like you wouldn’t share your secret PIN for your bank card, your digital wallet has something called a private key. This private key is like a special password that lets you use your cryptocurrency. It’s super important to keep it secret and never share it with anyone.

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