Bitcoin is a digital currency. As such, the approach to acquiring and storing it differs greatly from conventional, fiat currencies. Technically, bitcoins don’t exist in any physical shape or form and, therefore, cannot really be stored. Rather, it’s private keys used to access your public bitcoin address that needs to be stored. That’s where bitcoin wallets come into the picture. What is the best Bitcoin wallet? How do I read a wallet review?
A bitcoin wallet represents a software program which stores bitcoin (BTC) 00 private keys. Often, wallets come in hardware and software for, the former being known as a hardware wallet. In general, they grant you access to your public Bitcoin address, often with Bitcoin Core and an internet connection, thus facilitating the buying and selling of cryptocurrency.