What is a Digital / Crypto wallet?

BiLira Token
BiLira Support
February 16, 2021

Digital wallets are a tool that helps us transact on the blockchain network. Just as we need a wallet to keep our cash and debit cards to carry out our daily financial transactions, we need a blockchain-based crypto wallet to protect our digital assets.

Digital wallets are divided into three groups of different types: software, hardware, and paper wallets. The vast majority of crypto wallet providers are software-based, and as BiLira, we also recommend software-based digital wallets to our users due to their ease of use.

If you would like to learn more about the different types of wallets, click this link