What is a Wallet | My Crypto Card

Crypto basics, explained simply.

A crypto wallet is a digital tool that lets you safely store, send, and receive cryptocurrencies.

It doesn’t actually hold coins inside it — instead, it keeps the keys that prove your ownership of your crypto on the blockchain.

You need a wallet because it’s the only way to control and access your crypto.

Without a wallet, your coins would sit somewhere you can’t reach or spend.

A wallet gives you full control and security over your digital assets — like having your own digital bank vault.

A custodial wallet is managed by a company that holds your crypto for you (like an exchange).

A non-custodial wallet, like My Crypto Card, means you control your funds — no one else can access or move your crypto without your permission.