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What do you mean when you talk about “Wallet”?

A wallet is a digital storage place for your cryptocurrency. Just like you keep your physical money in a wallet, you can keep your digital money in a digital wallet. It has a unique address, which is like a bank account number. You can use this address to receive and send cryptocurrencies. When you receive a cryptocurrency, it will be stored in your wallet, and you can use it to make transactions, just like you would with physical cash.

When choosing a wallet, it’s important to consider the security features it offers and the types of cryptocurrencies it supports. It’s also important to protect your wallet by setting a strong password, enabling two-factor authentication, and making sure to keep the backup of your wallet in a secure place.
In conclusion, a wallet is an essential tool for anyone who wants to use cryptocurrency and enter the NFTs’ world. It provides a secure place to store and manage your digital assets and makes it easy for you to make transactions with ease. To make your Seletti x Absolut Born To Mix3D experience easier we decided to propose the most famous and used third-party wallet provider: Metamask.

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What is a third-party wallet provider?

A third-party wallet provider is a company that offers a service for storing digital assets such as cryptocurrencies. They provide a secure platform for users to keep their assets, like a traditional bank for Fiat currencies. Users can access their digital assets anytime and make transactions easily. The provider is called “third-party” because it’s separate from the user and the cryptocurrency network. This means users must trust the provider to keep their assets safe, like entrusting a bank with physical money. Overall, a third-party wallet provider offers a convenient and secure solution for managing digital assets. For our Seletti x Absolut Born To Mix3D project we decided to use Metamask, the most famous and used third-party wallet provider.

What is Metamask?

Metamask is a digital wallet for cryptocurrencies. You can use Metamask to store and manage your digital assets, such as Ether (ETH). Metamask facilitates sending and receiving cryptocurrencies on the Ethereum network. It generates a unique, secure seed phrase to protect your assets and provides you with a password to keep your account safe.
A seed phrase (also known as a recovery phrase, backup phrase, or mnemonic phrase) is a series of words generated by your wallet, which allows you to access the cryptocurrencies associated with that wallet. It consists of a series of 12 common words that you must save and remember, as they will provide access to all the cryptocurrencies associated with that wallet.
Metamask is the most famous and most used wallet. It’s easy to use and allows you to manage your crypto assets safely and with ease, this is why we selected it for our Seletti x Absolut Born To Mix3D project.

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