Where do you actually have crypto? Where is it held and how does it move? The answer is Wallets! Here we'll explore the different types of wallets and how to make some. Remember from the cheat sheet I posted that a crypto wallet is similar to a physical wallet in that it holds your currency, but unlike a physical wallet that can hold multiple currencies all at once, Cryptocurrency wallets can only hold the currency they are designed for. If you send coins the wallet can not take, they are gone forever . For example, if you try to send Bitcoin to an Ethereum wallet, the coins will go into the abyss. There are several different styles of wallets with their own individual pros and cons. Also from the cheat sheet, I go over public and private keys and addresses, make sure you understand those (especially private keys) before tackling wallets! It's also a good habit to practice sending small amounts with new wallets until you get the hang of it. To start, wallets are d...
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