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Crypto wallets explainedCrypto wallets are a form of digital wallet designed for web3. They help you manage permissions with whom you share your data, store cryptocurrency, NFTs, and. What is a Cryptocurrency Wallet? A cryptocurrency wallet is a type of storage system for anyone that owns cryptocurrencies and other digital assets like NFTs. A cryptocurrency wallet is a device, physical medium, program or an online service which stores the public and/or private keys for cryptocurrency transactions. In addition to this basic function of storing the keys, a cryptocurrency wallet more.