Bitcoin wallet is the equivalent of a physical wallet for transactions with Bitcoin. There are different wallets for different platforms. To start working with bitcoins (Bitcoin), first of all you will need a bitcoin wallet. It allows you to make transactions, that is, buy and sell cryptocurrency. The main task of bitcoin wallet is to store the secret key that is needed to access the bitcoin address and, accordingly, your funds. From a technical point of view, bitcoins themselves are not stored anywhere, only secret digital keys are stored, which give access to public bitcoin addresses and the ability to “sign” transactions. It is for this information and need a bitcoin wallet. Wallets are different, depending on the device for which they are intended — you can even do not use the computer and write the keys on paper. And, of course, it is very important that the wallet has a backup copy and was protected from unauthorized access.
Cryptocurrency wallets are digital and physical, offline and online methods that rely on public key cryptography to allow users to send and receive bitcoins securely across the network.
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