To understand multi chain wallets you need to know what a single chain wallet is as well.

A single chain wallet only works on one blockchain. For example, a wallet may only support Bitcoin. In this case it is a Single Chain Wallet. A Multi Chain wallet, on the other hand, works on multiple chains. For example, a wallet could support Bitcoin, Ethereum, and Polygon. In this case you can view all your crypto assets in one place, instead of viewing it on multiple different wallets.

Did this answer your question?