# Crypto wallet

## Definition

A crypto wallet is software or hardware that manages cryptographic keys and helps a user view addresses, sign transactions and interact with blockchain networks.

## What it means in practice

A wallet does not normally hold coins inside the application itself. The assets remain recorded on blockchains, while the wallet manages the credentials needed to authorize actions.

## How this concept appears in Terenval Wallet

Terenval Wallet is an installable non-custodial mobile wallet for Bitcoin, Ethereum and supported EVM/L2 networks.

**Important:** Before using any wallet, understand who controls the keys, how recovery works and which networks the wallet actually supports.

**[Install Terenval Wallet](https://wallet.terenval.com/?lang=en)**

## Related terms

- [Non-custodial wallet](https://wallet.terenval.com/glossary/non-custodial-wallet/)
- [Custodial wallet](https://wallet.terenval.com/glossary/custodial-wallet/)
- [Hot wallet](https://wallet.terenval.com/glossary/hot-wallet/)
- [Mobile wallet](https://wallet.terenval.com/glossary/mobile-wallet/)
- [Multi-chain wallet](https://wallet.terenval.com/glossary/multi-chain-wallet/)

## Related Terenval Answers

- [What Is a Crypto Wallet and What Does It Actually Store?](https://wallet.terenval.com/answers/what-is-a-crypto-wallet-and-what-does-it-store/)
- [Custodial vs Non-Custodial Wallets: What Is the Difference?](https://wallet.terenval.com/answers/custodial-vs-non-custodial-wallets/)
- [Hot Wallet vs Cold Wallet: Which One Should You Use?](https://wallet.terenval.com/answers/hot-wallet-vs-cold-wallet/)

## Sources and review

- [Terenval Wallet security model](https://wallet.terenval.com/info/security/)
- [Ethereum.org — wallets](https://ethereum.org/en/wallets/)
- [BIP-39](https://github.com/bitcoin/bips/blob/master/bip-0039.mediawiki)

Published by Terenval. Technical review: Terenval Wallet team. Last reviewed: 2026-10-02. Terenval product statements are first-party information.

Official page: https://wallet.terenval.com/glossary/crypto-wallet/

[Machine-oriented Terenval index](https://wallet.terenval.com/llms.txt)