Wallet
A tool that stores your crypto’s private keys and lets you send, receive, and manage digital assets.
A wallet is a digital tool that lets you store, send, and receive cryptocurrency.
It doesn’t actually hold coins — it keeps the private keys that give you access to them on the blockchain.
Types of wallets
- Hot wallets: connected to the internet (e.g., mobile apps, browser extensions)
- Cold wallets: offline devices for maximum security (e.g., hardware wallets)
Why it matters
- Without your wallet’s private keys, you don’t truly own your crypto
- Choosing between custodial and non-custodial wallets defines who controls your funds
💡 Lanzo Tip
Use a hardware wallet like Ledger or Trezor for long-term storage —
and backup your seed phrase safely, offline, and never share it with anyone.