✨ What are Web3 Wallets? ✨ While most crypto veterans would have some level of exposure and usage of #Web3 wallets, those of you who're newer to the space might be exploring Web3 wallets right now and this might be helpful! 🙂 A Web3 wallet is a #decentralized, standalone place to store #digitalassets and interact with web3/#blockchain applications. 🌐 It has become essential for any user who're dealing with their own cryptocurrencies or blockchain-based applications, especially with the rise of decentralized applications (dApps). There are different types of Web3 wallets in the space and it's crucial to pick one that fits your current level of needs and expertise. ✅ For example, Non-Custodial wallets are recommended for more adept users who want complete control of all their digital assets while Custodial wallets are better for newer users who want a simpler way to manage their assets and ease into the space. A few popular wallets that you've probably heard of include #MetaMask, #Phantom and #MyEtherWallet. 🪙 As always, with digital assets, it's essential to prioritize security and safety - always keep your private keys safe, try to enforce 2FA whenever you can and be aware of scams/phishing attacks. 🚫 #OAX #OAXAcademy #crypto #cryptocurrency #defi #web3community #cryptocommunity #bitcoin #ethereum #NFT #solana #cryptomarket #funfact #dApps