Wallet

A wallet is an application or device that creates and safely manages the public and private keys needed to use bitcoin. With a wallet, you can send, receive, and store bitcoin. Wallets exist as mobile or desktop apps, as well as dedicated physical devices (hardware wallets), each with different levels of security and privacy features.

Wallets simplify bitcoin for users, handling the complicated cryptography in the background. They display your balance, transaction history, and offer receiving addresses you can share to accept payments.

Choosing a secure wallet is essential, and you should always back up your wallet to avoid losing access if your computer or phone is lost or damaged.