A crypto wallet is software or hardware that lets users manage addresses, sign transactions, and interact with blockchain networks.

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Short definition

Wallet is a crypto wallet is software or hardware that lets users manage addresses, sign transactions, and interact with blockchain networks.

Simple explanation

A wallet does not usually store coins inside the app. It controls keys that allow users to access assets recorded on-chain.

Why it matters

Wallets are central to crypto because they control transaction signing, token approvals, dApp connections, and asset access.

Example context

Browser wallets, mobile wallets, hardware wallets, smart contract wallets, and multisig wallets are different wallet types.

Related terms