Understanding Crypto Wallets

Think of a crypto wallet as your personal digital bank account for cryptocurrencies like TRD Tokens. But unlike a traditional bank, you have full control over your money!

What is a Crypto Wallet?

A crypto wallet is basically a software program or a physical device that holds the secret "keys" to your cryptocurrency. These keys are what let you access and manage your crypto assets on the blockchain.

➤ Types of Wallets:

Hot Wallets: These are connected to the internet, like apps on your phone or extensions in your web browser (e.g., MetaMask). They're handy for everyday use.

Cold Wallets: These are NOT connected to the internet (e.g., special hardware devices like Ledger or Trezor). They are the safest way to store larger amounts of crypto because they are offline.

➤ The Most Important Thing: Your Seed Phrase (Recovery Phrase)

Every crypto wallet gives you a seed phrase, which is usually a list of 12 or 24 simple words. This is your master key!

✅ If you ever lose your phone, computer, or forget your password, your seed phrase is the only way to get your crypto back.

✅ NEVER, EVER share your seed phrase with anyone! Not with friends, not with "support" teams, nobody. If someone has your seed phrase, they can take all your crypto.

✅ Write it down physically on paper. Don't take a screenshot. Don't type it on your computer.

✅ Store multiple copies of it in very secure, secret, offline places (like a safe).

Keeping your seed phrase safe is the single most important step in crypto security.