Glossary of Terms

Soft Wallet

Definition of
Soft Wallet

A Soft Wallet is a software where cryptocurrencies and private keys are stored. These types of wallets are commonly found in desktop, mobile and online formats, such as websites and applications. Unlike Hard Wallets, Soft Wallets utilize a cloud or a server to store user data and information and an internet connection is required to access, use, and manage them.

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