Wallets, in plain English.
What a crypto wallet is, the custody and hot/cold choices, seed phrases, sending and receiving, the wrong-network trap, and core security habits.
For: Buying or storing crypto · Staying secure
What is a crypto wallet?
A crypto wallet is software or hardware that lets you view your holdings and authorize transactions. It stores your keys…
What is the difference between custodial and non-custodial wallets?
In a custodial wallet, a company holds your keys for you — like a bank. In a non-custodial wallet, you hold the keys you…
What is the difference between hot and cold wallets?
A hot wallet is connected to the internet for everyday use — convenient and more exposed. A cold wallet is kept offline …
What is a seed phrase?
A seed phrase is a list of 12 or 24 words that can recreate your wallet and all its keys. It's the master backup — and t…
How do I send and receive crypto?
To receive, you share your address (often as a QR code). To send, you enter the recipient's address, choose the correct …
What happens if I use the wrong network?
Sending an asset on a network the recipient isn't watching can make the funds unreachable. The transaction may succeed t…
What are crypto wallet security basics?
The essentials: protect your seed phrase offline, verify every address and network, be skeptical of approvals and links,…