✅Cryptocurrency Wallets
🔴Unlike the US Dollar, cryptocurrencies don’t have a physical form. You can’t hold Bitcoin or Solana in your hands. They are digital assets that are transferred over the Internet. A digital or cryptocurrency wallet is a storage facility for your crypto holdings.
Technically, cryptocurrency wallets don’t store your crypto funds. They store your private keys. A private key is a password that proves ownership of your crypto holdings and is used to initiate transactions. Since your crypto lives on the blockchain, the private keys are required to provide access to the digital assets.
#how_crypto_work_part3
@Looz_crypto ✅️
