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WebA cryptocurrency wallet is a device, [1] physical medium, [2] program or a service which stores the public and/or private keys [3] for cryptocurrency transactions. In addition to this basic function of storing the keys, a cryptocurrency wallet more often offers the functionality of encrypting and/or signing information. WebJun 21, 2024 · A crypto wallet can either be a software program or a physical device that allows you to store your crypto and make transactions through it. A crypto wallet can come in the form of a hardware wallet that looks like a USB stick or a mobile application like the Coinbase Wallet. Security and storage are some of the biggest concerns when it comes ... WebAug 18, 2024 · However, the crypto wallet is the protocol that generates your public and private keys. Without it, you wouldn’t be able to access your funds in the real world. To get a better understanding of this relationship, think about walking into a store and paying for goods using a debit or credit card. citibank open account promotion