# What is a crypto wallet?

A **crypto wallet** is an app or device that lets you **store, send, and receive** crypto—and proves ownership by using **private keys** (kept by you in non-custodial wallets). A wallet can be software (like **MyTonWallet**) or hardware (like **Ledger**).

### 🤔 What Types of Crypto 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**](https://help.mytonwallet.io/intro/introduction-to-crypto-and-mytonwallet/what-types-of-wallets-are-there).

### 💱 What Can You Do with a Crypto Wallet?

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

* Manage **tokens** and **NFTs**
* Track asset prices and portfolio value
* Trade on decentralized exchanges (**DEXs**)
* Use [**decentralized applications**](https://help.mytonwallet.io/intro/decentralized-applications-dapps) (dapps)—from games to DeFi tools