Wallet

« Back to Glossary Index
Categories: Cryptocurrency

A digital storage device or platform for keeping crypto assets secure. Wallet can be online (see hot wallet) or offline (see cold wallet).

Wallet (Wikipedia)

A wallet is a flat case or pouch often used to carry small personal items such as paper currency, credit cards; identification documents such as driver's license, identification card, club card; photographs, transit pass, business cards and other paper or laminated cards. Wallets are generally made of leather or fabrics, and they are usually pocket-sized and foldable.

A trifold wallet with pockets for notes and cards, and a window to display an identification card

Wallets may include money clips, coin purses, a chain fastener, strap, or rein, or a zipper. There are specialized wallets for holding passports, wearable ID cards, and checkbooks. Some unusual wallets are worn on the wrist or shoe. Wallets may be used as a fashion accessory, or to demonstrate the style, wealth, or status of the owner.

« Back to Glossary Index
AskFX.com