Tag wallet

Hardware Wallets are those cold wallets that have their independent hardware to store your private key and take them offline when not in use.

Paper Wallets are those crypto wallets whose private keys (or seed phrases) are written on a piece of paper.

A custodial wallet is a crypto wallet that gives the user the right to self-custody i.e., the user controls the private keys.

Cold wallets are those crypto wallets that rely on separate hardware to run and can be switched off when not in use.

In crypto, the Public Key refers to the long string of letters, numbers, and most times alphanumeric that is used to send crypto to a blockchain address.

A wallet is software, whether independent or embedded in hardware, that keeps the private keys secure so that no one can steal the crypto in your blockchain addresses.