Glossary of Terms

Cryptocurrency Wallet

Definition of
Cryptocurrency Wallet

A Cryptocurrency Wallet is a software or an application that is used to hold and manage cryptocurrency. It contains public and private keys that are utilized with different blockchains to send and receive digital currencies. Wallets are the usual targets of online hackers and fraudsters because they contain digital assets that are easy to access and transfer. Thus, the security and privacy of data are critical in maintaining and managing wallets.

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