What is a crypto wallet?
If you are new to the crypto market, then youshould know that this is not like any currency that you have stored in yourphysical wallets like notes or coins. Because this is a digital currency and so itrequires a digital format or a digital wallet to store them safelysomewhere. This is why these crypto wallets have been created,and no one can access any of the wallets nor find them anywhere.Because they an encrypted and can only be opened bythe owner of that wallet. The owner sets a user ID and password and also 2step verification on the wallet so that no one gains access to his or herwallet and steals from them. When they are making payment using crypto or ifthey are selling or even viewing their wallet, then every time, the owner willhave to enter the user ID and password along with the 2 stepverification. Another thing is that with a crypto wallet, youalso get a crypto ledger that records every transaction and even views. That the owner has made to his wallet so that if aperson gains access to the wallet, the owner will know about it immediately.