{"id":446,"date":"2023-02-14T18:25:00","date_gmt":"2023-02-14T17:25:00","guid":{"rendered":"https:\/\/wp.simplecoin.eu\/?p=446"},"modified":"2023-07-17T14:19:35","modified_gmt":"2023-07-17T12:19:35","slug":"what-is-a-cryptocurrency-wallet","status":"publish","type":"post","link":"https:\/\/wp.simplecoin.eu\/?p=446&lang=en","title":{"rendered":"What is a cryptocurrency wallet?"},"content":{"rendered":"\n<p>A cryptocurrency wallet or crypto-wallet is a tool that allows you to store cryptocurrencies. Wallets can be software (apps on your computer or mobile) or hardware (Trezor or Ledger). There&#8217;s usually a wallet app for each digital currency, but there are some that aggregate multiple cryptocurrencies in one app. We write more about which wallet to choose <a href=\"https:\/\/blog.simplecoin.eu\/nejlepsi-penezenky-kryptomen-jak-vybrat-tu-spravnou\/\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n\n\n\n<p>The basic functions of a cryptocurrency wallet is to generate a seed a backup of the crypto-wallet. Those are the 12-24 words that are stored in the cryptocurrency wallet. Whoever has the seed to a given wallet can send the cryptocurrencies stored on it. Therefore, it is very important to transcribe these words carefully on paper and store them securely ideally in multiple geographical locations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A cryptocurrency wallet or crypto-wallet is a tool that allows you to store cryptocurrencies. Wallets can be software (apps on your computer or mobile) or hardware (Trezor or Ledger). There&#8217;s usually a wallet app for each digital currency, but there are some that aggregate multiple cryptocurrencies in one app. We write more about which wallet [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[123,53],"_links":{"self":[{"href":"https:\/\/wp.simplecoin.eu\/index.php?rest_route=\/wp\/v2\/posts\/446"}],"collection":[{"href":"https:\/\/wp.simplecoin.eu\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wp.simplecoin.eu\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wp.simplecoin.eu\/index.php?rest_route=\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/wp.simplecoin.eu\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=446"}],"version-history":[{"count":2,"href":"https:\/\/wp.simplecoin.eu\/index.php?rest_route=\/wp\/v2\/posts\/446\/revisions"}],"predecessor-version":[{"id":1041,"href":"https:\/\/wp.simplecoin.eu\/index.php?rest_route=\/wp\/v2\/posts\/446\/revisions\/1041"}],"wp:attachment":[{"href":"https:\/\/wp.simplecoin.eu\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wp.simplecoin.eu\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wp.simplecoin.eu\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}