Understanding Cryptocurrency Wallets
After reading and understanding the fundamentals of “What Is Cryptocurrency?“, reading about cryptocurrency wallets is probably the next most important thing to you can do. You DEFINITELY need to understand wallets before you buy your first coin.
The most basic fact to know about cryptocurrency wallets is that they do not contain your currency. The fundamental thing that wallets do is to hold and protect the secret codes which allow you to access and use your currency.
All Basic Wallet Types
First, read our summary of the “basics of all cryptocurrency wallet types“. This will explain the fundamentals of each type of wallet that you can choose to protect your currency.
Detailed Wallet descriptions
Within that article, you will find links to more detailed explanation of each specific wallet types mentioned. They are as follows:
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- Exchange wallets
- Web wallets
- Mobile wallets
- Desktop wallets
- Paper wallets
- Brain wallets
You can and should also read and learn about [cryptocurrency security here].
Good luck and please do let us know what further information you would like to learn about.