What is a bitcoin wallet?

On a practical level, a Bitcoin wallet is a device or program that is used to send and receive bitcoins. The term wallet can be a little confusing for people new to Bitcoin and crypto. A physical wallet is used to store physical currency, however a Bitcoin wallet does not store bitcoins within it. How can this work?

What is physical Bitcoin?

Bitcoin is a virtual currency that requires a digital key pair for access. For various reasons, some parties have manufactured coins that allow Bitcoin to be transferred in physical form. What Are Physical Bitcoins?

What is bitcoin and how does it work?

Bitcoin is a virtual currency that requires a digital key pair for access. For various reasons, some parties have manufactured coins that allow Bitcoin to be transferred in physical form. What Are Physical Bitcoins? Physical Bitcoins make the connection between monetary value and digital representation easier to understand.

What is a hardware wallet?

Hardware wallets are the most secure type of Bitcoin wallet because their private keys are stored on a physical device and theoretically cannot be accessed by a computer or from the internet. When a person wishes to make a transaction, they plug in the hardware wallet (usually via USB).