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Stock Market Insiders > Blog > Financial Literacy > What is a Crypto Wallet ?

What is a Crypto Wallet ?

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Metamask crypto wallet

Crypto Wallet

NFT and Digital Avatar
NFT + Digital Avatar

Crypto Currency Wallet

2022 and Everybody is talking about cryptocurrency, metaverse and NFTs.   What’s all the hype about?  What’s the technology that supports it? 

One aspect of Web 3,   a new service built using decentralized blockchains called a crypto wallet.  A crypto wallet holds and stores crypto currency, NFTs. 

Why Do I need a Crypto Wallet? 

How do I use the wallet where do I get one?  The crypto wallet allows you to access Web3, Metaverse, and decentralize applications.   Crypto wallet is your sign on as well as store digital avatars and Web3 data. 

The Metaverse  is a new blockchain based virtual world.   Examples:  SandBox  Decentraland  OpenSea

Where do I get a Digital Wallet?  

The largest wallet providers are MetaMask, CoinBase and Trust Wallet.   To get your wallet you download any one of the 3 and sign up a new wallet.   You will have immediate access to buying/selling crypto, Join the Metaverse, buy,  digital art,  NFTs,  3D Avatars and interact with Web 3 applications. 

coinbase crypto cryptowallet metamask

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