A crypto wallet stores the private keys that serve as passcodes to access your cryptocurrency. Crypto wallets differ from physical wallets because they don’t hold any actual currency, only the passwords needed to retrieve your cryptocurrency from the blockchain.

Crypto wallets come in a few different forms and are either physical or digital. Physical wallets are typically USB sticks containing the passcodes for your cryptocurrency and are very secure - but run the risk of being lost or stolen. Digital wallets use software to keep your passwords safe and offer more convenience than physical wallets, making buying and selling cryptocurrency as easy as checking your online bank account.

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