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

Updated over a week ago

Crypto Wallet

A crypto wallet is a tool that lets you store, send, receive, and manage cryptocurrencies.

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 (to varying degrees) - transactions can occur directly between users without traditional intermediaries like banks, depending on the network’s design and governance.

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