If you’re getting started with crypto, one of the first things you need is a wallet. Here’s what you need to know.
π What Is a Crypto Wallet?
A crypto wallet is a tool that allows you to store, send, and receive cryptocurrencies securely.
There are two main types:
-
Hot Wallets (connected to the internet)
-
Cold Wallets (offline, more secure)
π± Hot Wallets
Examples: MetaMask, Trust Wallet, Coinbase Wallet
✅ Easy to use
❌ More vulnerable to hacks
πΎ Cold Wallets
Examples: Ledger, Trezor
✅ Highly secure
❌ Less convenient for quick transactions
π§ Private Key vs Public Address
-
Public Address: Like your bank account number
-
Private Key: Like your PIN — never share it
⚠️ Tips for Staying Safe
-
Never share your seed phrase
-
Use two-factor authentication
-
Only download wallets from official sources
Comments
Post a Comment