Wallets Intro: “What, Why and How” Are We Going to Learn About Wallets

Wallets in cryptocurrencies are apps that allow you as the user to store and be able to retrieve the digital assets that you have. As with the conventional currency, you will need to have a place where all your money is. You do not need it, but for convenience; it is good to have all your digital assets in one place.

If you want to have the experience where you can hold a wallet, you can have a smartphone app that allows you to do this.

You can have the coins stored in a USB, the same way you can put money in an actual wallet. However, the coins are not actually in your wallet but there is information that points directly to where the coins are on the blockchain.