A wallet is an interface, digital or physical, where you can store your cryptos. When you buy Bitcoins for example, you will necessarily have to store them in a wallet. In this article, we are going to help you create a free wallet with Exodus, step by step.
When you want to transfer a Bitcoin to someone, your Bitcoin will be transferred from your wallet to the other person’s wallet. To do this, you need to know the recipient’s wallet number (also known as the wallet address). Logic.
An address is sometimes also called a public key. It’s the same thing. And as the name suggests, it is public. It can therefore be shared without risk of piracy. It should not be confused with the private key, which should NEVER be shared with anyone. We will come back to this later in this article. You can compare a crypto wallet to a bank account. If you have a bank account in euros, you can only store euros. But you can also have a US dollar account. Even within the same bank. That said, you understand that the two accounts are separate anyway.