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Web3 Wallet

Definition

A Web3 Wallet is a digital tool that allows users to manage their digital assets and interact with decentralized applications on the internet. It acts as a gateway to the decentralized web, enabling users to store, send, and receive cryptocurrencies and tokens. Web3 wallets are crucial for accessing decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and other blockchain-based services. They provide users with self-custody of their digital identities and assets.