Simply put, Bitcoin Wallets operate on the concept of Public Key Encryption. Some of the wallets even provide you with features to swap and stake your digital assets. Furthermore, with crypto wallets you can store, send, receive, trade, earn, and do many other things with your digital assets. “A Bitcoin wallet is a digital wallet storing the encryption material giving access to a Bitcoin public address and enabling transactions,” Alexandre Kech, CEO of Onchain Custodianīitcoin Wallets are used to store Bitcoins and as well as other crypto-assets.
