A way of storing your cryptocurrency.
Wallet
Related Terms
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Importing is a method of moving funds from a paper wallet. This method imports the paper wallet’s private key (with the cryptocurrency funds allocated to it) to your soft wallet’s private key...
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A cryptocurrency storage and management system that is a combination of a software wallet (stored on your own computer) and a web wallet (stored on a third-party server). The bulk of your digital...
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Hot storage refers to a crytocurrency wallet that is connected to the internet. Some examples of hot storages include online wallets, software wallets, and storing your cryptocurrency within an...
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A hot wallet is a cryptocurrency wallet that is connected to the internet.
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Bitcoin (BTC) is a form of digital currency that runs on a distributed network of computers. You can’t hold bitcoins n your hand as you would with traditional currency. Instead, bitcoin is created and held in digital form and relies on cryptography for security. Because it is a digital currency, bitcoin is pretty much like email for […]