OVERVIEW:
How to Set Up a Crypto Wallet?
While Bitcoin wallets and traditional online bank accounts have certain similarities, crypto protocols differ significantly from PayPal and your bank's online portal.
Cryptocurrency transactions, for example, are irreversible, meaning that the security of digital money housed in a wallet must meet far higher standards.
To avoid losing funds, it's crucial to learn how to choose a cryptocurrency wallet and how that cryptocurrency wallet operates underneath the hood.
If you're new to crypto, the process may seem complicated, but it's actually quite simple.
That being said! This guide was developed to help you understand the Bitcoin you own as well as the overall landscape of it.
Remember, ownership in Bitcoin is determined by who has access to the private key.
We hope this information is helpful to you.