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What Is a Private Key?

By Matthew DiLalloUpdated Dec 17, 2024 at 2:42 PM

Key Points

  • Private keys secure your crypto by acting as a password, crucial for preventing unauthorized access.
  • Store private keys safely, either in secure digital "hot" wallets or offline "cold" storage.
  • Losing a private key means losing access to your crypto, so handling and storage are critical.

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