Jacob Davies
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  • Joined: 30-Dec-2022

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Answered by Jacob Davies

  • Answered by Jacob Davies
  • 9 months ago

How do cryptocurrency wallets work?

Cryptocurrency wallets are software applications or hardware devices that store public and private keys required to access and manage cryptocurrencies. They enable users to send, receive, and store cryptocurrencies securely. Wallets can be classified into different types, including hardware wallets, software wallets (desktop, mobile, or web-based), and paper wallets. Each wallet type has its own security features and trade-offs.