What is a crypto currency wallet?

To understand regarding the crypto currency wallet, one first needs to understand what is crypto currency and how does it store value……

What is crypto currency?

Crypto currency is nothing, literally nothing. Crypto currency is virtual currency that doesnt exist. It is just an entry in the ledger/database/computer/node which shows a certain address (public key) has a certain value……..

What types of crypto currency wallets exist?

There are five major types of wallets that could be used to store the crypto currencies keys. Crypto currency Exchange wallets (Hot wallet) Computer software wallet (Hot wallet) Mobile wallet (Hot wallet) Paper wallet (Cold wallet) Hardware wallets (Cold wallet)