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Do crypto wallets store your coins?

BaseLynk - Do Crypto Wallets Store Your Coins?

FACT: Crypto wallets do not store your Coins.

Contrary to popular belief, cryptocurrencies are not stored in crypto wallets. The only things that are stored within the wallet are the private and public keys. The funds are stored on the blockchain and can only be accessed by someone with the private key ???? / recovery phrase.

Public keys are like bank account numbers, which are shared with people to receive transfers. Private keys are like your debit card pin code, allowing you to get into the account and make transactions. Without these keys, there is no way any transaction can be carried out.

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