Sometimes there is a little confusion about what a wallet can and cannot do, so we will start with what it can’t.
Wallets generally don’t allow you to buy cryptocurrencies, that is what exchanges are for. All exchanges provide you with wallets to store your funds in until you withdraw them, but wallets usually don’t provide you with an exchange service.
In this article you will learn about:
- Generating, storing, and handling your keys
- Generating addresses to receive funds
- Showing you your balance
- Creating and signing transactions to send funds