> For the complete documentation index, see [llms.txt](https://help.mywallet.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://help.mywallet.io/intro/introduction-to-crypto-and-my-wallet/what-is-a-crypto-wallet.md).

# What is a crypto wallet?

A **crypto wallet** is an app or device that lets you **store, send, and receive** crypto—and proves ownership by using **private keys** (kept by you in non-custodial wallets). A wallet can be software (like **My Wallet**) or hardware (like **Ledger**).

### 🤔 What Types of Crypto Wallets Are There?

There are two main types of crypto wallets:

* **Custodial**: Telegram Wallet, Crypto Bot, etc.
* **Non-custodial**: My Wallet, Tonkeeper, Trust Wallet, MetaMask, Exodus, Atomic, Ledger

To understand the key differences, check out our detailed article about [**wallet types**](/intro/introduction-to-crypto-and-my-wallet/what-types-of-wallets-are-there.md).

### 💱 What Can You Do with a Crypto Wallet?

Crypto wallets offer more than just storing and transferring funds. Users can also:

* Manage **tokens** and **NFTs**
* Track asset prices and portfolio value
* Trade on decentralized exchanges (**DEXs**)
* Use [**decentralized applications**](/intro/decentralized-applications-dapps.md) (dapps)—from games to DeFi tools