How Bitcoin and Crypto Wallets Work
In this guide, we’ll walk you through what Bitcoin wallets are and how to set one up.
What is a cold wallet?
A cold wallet is a physical device or medium that stores your cryptocurrency private keys completely offline - keeping your digital assets out of reach from internet-based threats.
Cold wallets come in two main forms: hardware wallets and paper wallets - compact encrypted devices or securely stored printed keys.
A cold wallet doesn't store your crypto - it stores your private keys - the cryptographic credentials that prove ownership and authorize transactions on the blockchain.
Cold wallets offer:
Security
Keeps your crypto safe from hacks and malware.
Ownership
You stay in full control. Your assets aren’t stored on an exchange.
Independence
Manage your funds and transactions on your terms.
Digital assets wallet recommendations
Here are a few trusted wallet options to help you get started:
