What is a crypto wallet?

Crypto wallet is a tool for managing cryptocurrency, which can be either a software application (such as MyTonWallet) or a hardware device (such as Ledger). With crypto wallet, you can safely store, send, receive, exchange funds, and much more.

What types of сrypto wallets are there?

There are two main types of crypto wallets:

• Custodial: Telegram Wallet, Crypto Bot, etc.

• Non-custodial: MyTonWallet, Tonkeeper, Trust Wallet, Metamask, Exodus, Atomic, Ledger.

To understand the key differences, check out our detailed article about wallet types.

What can you do with a crypto wallet?

Crypto wallets offer more than just storing and transferring funds. Users can also:

• manage NFTs.

• track asset prices.

• trade on decentralized exchanges (DEX).

• use other decentralized applications — from games to useful utilities.