Wallet

NFT Glossary Deep Dive: Crypto Wallet

NFT Glossary Deep Dive: Crypto Wallet

Ellen Britt for CNT #NFT To own an NFT, you need a crypto wallet, which is a specific address on the blockchain that only you control, and where your NFTs will live. You may have thought crypto wallets were only for cryptocurrencies, such as bitcoin or ethereum. But you’ll also need one when you purchase an NFT. A lot of people get confused when they hear about wallets and assume the wallets actually “hold” the cryptocurrency or the NFT, similar to the way a leather wallet holds a fifty-dollar bill. Wallets Don't Actually Hold The Asset But a cryptocurrency wallet…
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