A cryptocurrency wallet keeps crypto safe and accessible and allows you to send, receive, and spend them, as Bitcoin and LYO Credit. They are the main tool for cryptocurrency users since it allows them to store and retrieve their digital assets. Each coin corresponds to its own wallet: this means that there is one wallet only for Bitcoin, and for Ethereum and so on. A wallet has a deposit address consisting of a series of digits and numbers. It is the only information needed to make a transaction. Unlike bank transactions where the recipient's name, residence and IBAN are required, the wallet address is enough to make a crypto transaction.