What is a wallet?

A wallet in the cryptocurrency world is a digital tool that allows you to interact with the blockchain. Think of it as a bridge between you and the blockchain, enabling you to send, receive, and manage your digital assets.

While wallets don't store the actual cryptocurrencies, they keep the private keys necessary to access your assets on the blockchain. These private keys are needed for signing the transactions, and they’re also ensuring that only you have control over your funds.