Money And Payments
Crypto wallet
A tool for holding or moving cryptocurrency.
What it means
A crypto wallet stores access to cryptocurrency. If someone gets the private key or seed phrase, they may be able to move the funds.
Example
A fake investment site asks you to connect your wallet or share a seed phrase.
Warning signs
- Someone asks for your seed phrase or private key.
- A stranger tells you to move crypto quickly.
- A site asks for wallet access before you can research it.
Safer next steps
- Never share seed phrases or private keys.
- Research platforms independently.
- Be cautious with recovery offers and guaranteed returns.