A cryptocurrency wallet is a digital tool that allows users to store, send, and receive cryptocurrencies like Bitcoin and Ethereum. Unlike a traditional wallet that holds physical cash, a cryptocurrency wallet stores the private and public keys needed to access and manage your digital assets securely. There are different types of cryptocurrency wallets, including hardware wallets, software wallets, and paper wallets. Hardware wallets are physical devices that provide enhanced security, while software wallets are applications that can be installed on computers or smartphones. Each type has its own advantages and is suited for different user needs.