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What Is a Fiat Wallet?

By Kristi WaterworthUpdated Jun 14, 2025 at 11:20 PM

Key Points

  • Fiat currency is government-controlled money, unlike decentralized cryptocurrency.
  • A fiat wallet stores fiat currency for use in cryptocurrency exchanges and investments.
  • Fiat wallets enable quick access to funds, aiding timely crypto investments.

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