How to Choose a Crypto Wallet

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Crypto wallets are your key to the cryptocurrency market. These wallets are what store the public and private keys you need to buy, sell, manage and exchange cryptocurrency across worldwide markets. They largely have the same function, but they differ in a variety of key ways — and you’ll need to know which features are right for you before you start investing in cryptocurrency.

A cryptocurrency wallet is an online program or hard drive that stores the codes you require to exchange cryptocurrency with other users and access the blockchains that record crypto transactions. When you want to sell cryptocurrency, you’ll seek out someone's public key or cryptocurrency account and transfer the value from your wallet to theirs. If you're buying crypto, this process works in reverse.

Regardless of the currency you’re thinking about investing in or the purchase or exchange you’re processing, these wallets are vital for engaging with the online cryptocurrency market. Here’s what you need to know to choose the wallet that suits your needs.