A cryptocurrency wallet is a digital wallet used to store your digital currency, such as bitcoin. Just as cryptocurrencies are the digital equivalent of cash, a cryptocurrency wallet is the digital version of physical, traditional wallet. There are four main types of wallet; hardware, mobile, web and desktop. Some wallets offer more than one of these platforms, such as Green Address, which is a mobile, web and desktop wallet.
Keeping your digital wallet safe is a vital step in the cryptocurrency world and should be protected as you would protect cash or credit cards. You can keep your wallet secure with strong passwords and opting for cold storage, such as a hardware wallet or offline storage, rather than online storage.