A Bitcoin wallet is a software program designed to store, manage, and protect Bitcoin. It provides a secure, digital location to store your Bitcoin and other digital assets. All wallets come with a private key, which is used to access the wallet and send and receive Bitcoin.

A Bitcoin wallet can be a physical device, an online service, or a piece of software. A physical wallet, often called a hardware wallet, is a device that stores Bitcoin offline, away from the internet, thereby protecting it from hackers. Online wallets are software wallets that are accessed through an online platform. These wallets are usually hosted by a third-party provider and can be accessed through a web browser or mobile app. Software wallets are programs that are installed on a computer and provide users with a secure way to store their Bitcoin.

Bitcoin wallets have a range of features that provide users with different security and convenience levels. Wallets can be used to store and manage multiple currencies, and some wallets allow users to buy and sell Bitcoin, as well as trade other cryptocurrencies. Additionally, some wallets provide support for two-factor authentication, which adds an extra layer of protection for users.