What is Crypto Wallets?

What is Crypto Wallets?

what is crypto wallet crypto wallet is
your digital addresses that store your
digital assets such as your crypto
currency like Bitcoin ethereum Solana
cardano xrp and your
nfds crypto wallets is also used to make
transaction in the web three space let’s
say if you are buying products or
Services you can transfer your crypto to
that person for
payment there are three types of crypto
wallets first is hot wallets that are
self custodial such as metamask thrust
wallet and others self custodial means
you have full control over your crypto
assets you are responsible for managing
your private Keys which are essential
for accessing and controlling your
funds second is hot wallets that are
non-custodial like your crypto tokens
that is inside your centralized crypto
Exchange accounts such as binance okx
bitg and others third is cold wallets
these are offline physical USB devices
to store your crypto
assets thank you for finishing the video
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