Crypto wallets are emerging as the most preferred way of storing digital currencies such as Bitcoin and Ethereum. Users can store their crypto assets in these wallets in a way that is safe and private. Crypto wallets are incredibly convenient for those who want to quickly and conveniently send, receive, or store cryptocurrencies.

A crypto wallet is an application that stores a user’s public and private keys. A public key is used to receive digital currencies, while a private key is used to send digital currencies out of your wallet. The public key can be thought of like an email address; it’s what people use to send you cryptocurrency funds. The private key works much like a password; it must remain safe and secure so that only you have access to your funds.