A Wallet also known as a wallet works through software and is used to store our cryptocurrencies, it works like a bank account, it allows immediate payments to be made to the comments that offer this payment method and without the need to register the details of the trade. , we only need the address of the cryptocurrency with which we will pay or the QR code while the Exchange is basically exchange houses for the exchange of cryptocurrencies
There are exchanges that have a wallet, which is an advantage since many times we have the money in a wallet and we have to pass it on to an Exchange if we want to sell our cryptocurrencies, which many times makes us have to pay a commission when passing it, if we use one Exchange that has your Wallet we save that commission; In both cases it is important to inform us only the system offered by the Wallet and Exchange, keep in mind that we must save the keys or seeds that the system gives us, since in many cases they cannot be recovered if we forget the data and therefore we will lose the money
