What is a cryptocurrency wallet?
"A cryptocurrency wallet is an app that allows cryptocurrency users to store and retrieve their digital assets. As with conventional currency, you don’t need a wallet to spend your cash, but it certainly helps to keep it all in one place. When a user acquires cryptocurrency, such as bitcoins, she can store it in a cryptocurrency wallet and from there use it to make transactions."
Your wallet includes:
- Your Metamask Wallet (or other, like Coinbase): is your overall crypto account which contains several wallets
- Wallet: Each wallet has a unique name called a “wallet address” that looks like this: 0bd22506fBCB0TC301459CA8aDDDB382F2895D1Ccf
- Network: Each wallet can hold tokens in the different crypto networks: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), etc.
Want to read more? Check out this article or watch this video!