A crypto wallet is a software application or physical device that allows users to interact with blockchain networks.
An NFT wallet is a cryptocurrency wallet that supports the blockchain protocol NFTs are built. These wallets come in many forms, from hardware wallets like Ledger (which looks like a USB stick) to mobile apps and browser extensions like the Solana-based Phantom wallet.
Unlike your normal wallet that holds your credit cards and cash, crypto wallets don't really store your funds. Coins or tokens exist as data on a blockchain system, and the crypto wallet acts as a means of accessing this data. Crypto wallets generate a private key to the address of an asset on the blockchain, and this private key is required to authorize any transactions involving that asset.
Crypto wallets keep your private keys – the passwords that give you access to your cryptocurrencies – safe and accessible. This allows you to send and receive cryptocurrencies like ATLAS and POLIS.