A decentralized wallet is a secure digital tool that allows users to store, manage, and transact cryptocurrencies without relying on a central authority or intermediary. This type of wallet stores private keys locally on the user's device, providing greater security and control over their funds. A Decentralized wallet facilitates direct peer-to-peer transactions, ensuring that users maintain privacy and autonomy over their digital assets.https://www.debutinfotech.com/....decentralized-crypto

what is a decentralized wallet | Debut Infotech

A decentralized wallet is a type of cryptocurrency wallet that operates without a central authority, providing users with full control over their digital assets. Unlike centralized wallets, decentralized wallets store private keys on the user's device, ensuring enhanced security and privacy. These wallets enable peer-to-peer transactions, allowing users to send and receive cryptocurrencies directly without intermediaries. Decentralized wallets support multiple cryptocurrencies and often include backup and recovery options, transaction history, and integration with decentralized applications (dApps), offering a secure and versatile solution for managing digital assets.