What is Web 3.0 Wallet?

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Alex Jaxon

A web3 wallet is basically a digital wallet in which digital assets can be stored. Non-fungible tokens are among these digital assets (NFTs). A "crypto wallet" is the same as a web3 wallet, and it is a tool for gaining access to the web3 market and interacting with Dapps.

Web3 wallets are frequently non-custodial wallets, which means that the wallet owner can keep digital assets without the involvement of a third party. Furthermore, the lack of a third party eliminates the requirement for KYC/AML, preserving wallet owners' privacy and anonymity.

Simply put, the wallet owner has complete control over the wallet. And there were different types of Web 3.0 Wallets: Hot wallet, Cold Wallet, Hardware Wallets, Mobile wallets, Paper Wallets, Desktop Wallets etc.

If you are looking to Create a Own Web 3.0 Wallet you can contact any Web 3.0 Development Company.

Tags: Web 3.0 Development Company, Web 3.0 Wallet Development

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