Learn what is a decentralized wallet and how it empowers users with full control over their private keys and digital assets without intermediaries.
A decentralized wallet is a cryptocurrency wallet that gives users full control over their private keys and funds without relying on third-party services. Unlike centralized wallets, decentralized wallets do not store user information or funds on a central server. This offers enhanced security and privacy, as users remain the sole custodians of their assets. Decentralized wallets are key to accessing decentralized finance (DeFi) applications and enable peer-to-peer transactions without intermediaries, empowering users with true financial autonomy.
