A wallet is a collection of Bitcoin private keys used to spend Bitcoin. Just like with paper currency that is held in your physical wallet, a Bitcoin wallet is a digital wallet where you can store, send, and receive Bitcoin securely. There are many varieties of wallets available, such as hot wallets and cold wallets.

You get a free Paxful Bitcoin wallet the moment you create an account on Paxful. Your public and private keys are safely stored by Paxful, and access to the wallet is protected with a password and 2FA.


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