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What is a crypto wallet and what is a crypto network?

Updated this week

Crypto Wallet

A crypto wallet is your digital key that allows you to manage your crypto assets.

With it, you can:

  • Receive crypto assets,

  • Send them to others,

  • Buy crypto assets using Uzbek Som (UZS),

  • Sell crypto assets and receive UZS back,

  • Securely monitor and manage your balance with ease.

Crypto Network

A crypto network is the system where your transactions are processed and stored.

It operates on blockchain technology, which guarantees that every operation is:

  • Secure,

  • Transparent,

  • Immutable,

  • Decentralized - (without intermediaries and independent), meaning transactions happen directly between users, without the involvement of banks or other central institutions.

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