What are crypto wallets? The ultimate guide for 2025
Crypto wallets enable you to send and receive cryptocurrencies like Bitcoin and Ethereum by keeping your private keys, which are the passwords that grant you access to your funds, safe and easily accessible.
Technically, a crypto wallet does not keep your cryptocurrency, in contrast to a regular wallet that can hold real cash. Although your holdings are live on the blockchain, only a private key can be used to access them. Your keys let you conduct transactions and serve as proof that you are the owner of your digital currency.
In this article we will learn what a cryptocurrency wallet is, the difference between hot wallets vs cold wallets, and dive into some of the best crypto wallet apps out there.