Glossary

What is a cold wallet?A cold wallet stores your cryptocurrency’s secret keys offline, away from the internet. It’s the digital equivalent of keeping cash in a home safe rather than leaving it in an on...

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Crypto wallets fall into two categories: custodial and non-custodial. The main difference is simple: who controls the private keys that give access to your cryptocurrency.Think of private keys like th...

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What is a crypto exchange, and what is a wallet?A cryptocurrency exchange is primarily used to buy, sell, swap, or trade digital assets. A crypto wallet is designed to store the private keys that prov...

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What is a hardware walletA hardware wallet is a physical device built to keep your cryptocurrency private keys safe in an offline setting. Known widely as cold storage, it’s among the most dependable ...

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What is a hosted wallet? A hosted wallet, also known as a custodial wallet, puts a third-party service in charge of your digital assets.  Think of centralized exchanges and dedicated wallet provide...

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What is a hot wallet and what is a cold wallet? Hot wallets are software tools that stay connected to the internet — think mobile apps, desktop programs, or web platforms. They keep your private ke...

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What is a software wallet?A software wallet, also called a wallet app or hot wallet, is an app you install on a computer or smartphone to manage, send, and receive cryptocurrencies.It stays connected ...

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What is a Web3 wallet work?A Web3 wallet is a cryptocurrency wallet that lets you store and manage private keys, access digital assets, and interact with decentralized applications (dApps) on blockcha...

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