What is a Digital Wallet?

[arvinabeabe]

A digital wallet, also known as e-wallet is a virtual storage of user’s payment and identification information for various payment systems. Digital wallet allows people to streamline purchase process on dedicated services and can also be used together with mobile payment systems.

Crypto wallets are unlike the regular e-wallets. Blockchain itself is a complicated system and choosing the right purse requires effort and research. Let’s distinguish between different types of crypto wallet first to find the best option for your Bitcoin, Ethereum, Ripple or other altcoins.