StableX Academy

Learn crypto the right way.

114 plain-English lessons Β· 15 modules

Crypto Wallets

A crypto wallet is software or hardware that stores your keys and lets you sign transactions; the coins themselves stay on the blockchain.

In depth

Despite the name, a wallet holds no coins β€” it holds the private keys that prove ownership of coins recorded on the ledger. Losing the wallet does not lose the coins if you still have the keys; losing the keys loses everything even if the app is fine. Wallets come as mobile apps, browser extensions, desktop programs and physical devices.

A wallet icon containing a key, with a dotted line to coins sitting on a blockchain ledger in the background.

Why it matters

Choosing and securing a wallet is the first practical decision every crypto user makes.