Wallets

The most common way to access web3 decentralized applications (DApps) is via a browser-based wallet. With more than 21 million active users worldwide, Metamask, which describes itself as a ‘crypto wallet & gateway to blockchain apps’, is certainly the most popular.

We also love Brave Wallet, which is a crypto wallet built into the Brave desktop browser, enabling Brave users to store, manage, grow, and swap their crypto portfolio from a single wallet. Unlike most crypto wallets, the Brave Wallet does not require extensions; it’s browser-native, reducing security risks and reliance on extra CPU and memory. Users can transact with almost any crypto asset with superior safety and performance, as well as connect with other wallets and Web3 DApps.

Learn how to set it up here: https://brave.com/learn/set-up-crypto-wallet/

Web wallets are non-custodial, which means you keep full responsibility for control of your private keys – and true ownership of the underlying assets.

Each wallet therefore holds the password-protected encryption keys to your assets across blockchains. This is in stark contrast to a custodial wallet, where another party – most commonly a cryptocurrency exchange or other service provider – controls your assets’ private keys and allows you secure access to them to conduct trades and transactions.

Keeping your private keys and seed phrases safe is of paramount importance. Be aware of phishing scams and never share these details with anyone. If your keys are stolen or lost, your assets cannot be recovered.

Users can swap wallet providers at any time and there’s a wide range of alternative web3 wallets out there to choose from.