A cryptocurrency wallet is a software program either on your desktop or on an app on your smart phone, that stores private and public keys and interacts with various blockchain to enable users to send and receive digital currency and monitor their balance. If you want to use Bitcoin or any othercryptocurrency, you will need to have a digital wallet.

What is a Wallet

Crypotocurrency Exchanges are online platforms where you can exchange one cryptocurrency for another cryptocurrency (or for fiat currency).

What is an Exchange

Altcoin refers to any cryptocurrency that is not Bitcoin. Bitcoin is far and away the most used and accepted form of cryptocurrency, though others like Litecoin and Ethereum are doing their best to change that. Altcoin refers to any cryptocurrency that is not Bitcoin. 

Check out our recent article: An Easy Explaination of Terms around Cryptocurrencies

What is an Altcoin

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