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Chiliz Chain Developer Docs
Chiliz ChainBlock ExplorerCommunitySocios.com
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  • Chiliz Chain developer docs
  • Quick Start
    • Chiliz Chain in a nutshell
    • Connect to Mainnet and Testnet
    • Deploy and verify a contract
      • Deploy with Remix IDE
      • Deploy with thirdweb
      • Verify with Chiliscan
      • Verify with Chiliz Block Explorer
    • Run a Chiliz Chain Node
    • Free online courses
    • Inflation Supply Allocation Addresses
    • Smart Contract Addresses
  • Learn
    • About Chiliz Chain
      • Tokenomics
      • Security Audits
      • Chiliz Labs
    • About Wallets
      • How to use MetaMask
        • Install MetaMask
        • Link Chiliz Chain to MetaMask
      • How to use a multisig wallet (Safe)
    • About Bridging
      • Using Dcentralab's Chainport
      • Using Chiliz Bridge
      • Bridging stablecoins
      • Making your project token bridgeable
    • About Staking
      • Stake your CHZ
      • Unstake your CHZ
      • Staking Rewards
      • Stake CHZ from your Ledger
      • Chiliz Staking FAQ
    • About Validators
      • Defining Validators and Delegators
      • Why Become a Validator
      • How to Become a Validator
      • Running a Validator node
      • How to Stop Being a Validator
      • About Validator slashing
    • About Fan Tokens
      • 2023 Migration of Fan Tokens to Chiliz Chain
    • About Stablecoins
      • Stablecoins on Chiliz Chain
    • Glossary
      • Blockchain
      • Consensus mechanisms
      • Governance
      • Validator
      • Staking
      • Wallet
      • CAP-20
      • Wrapped CHZ (wCHZ)
  • Develop
    • Basics
      • Connect to Chiliz Chain
        • Connect using RPC
        • Run a Chiliz Chain Node
        • Use a hardware wallet
      • Block Explorers
      • Testnet Faucet
        • Obtain testCHZs with Tatum Faucet
      • Use Wrapped CHZ
      • How-Tos
        • How to get the balance of a wallet
        • How to get the history of a wallet
        • How to get the metadata of a specific NFT
      • Tips & Tricks
    • Advanced
      • How to integrate Socios Wallet in your dApp
      • How to use Account Abstraction
      • How to get the USD price of Fan Tokens
      • How to generate random numbers
      • How to follow transfers of a Fan Token
      • How to create Telegram notifications for Fan Token transfers
      • How to estimate gas fees
    • Chiliz Chain API
    • Developers FAQ
  • Community
    • Chiliz Chain Ecosystem
      • Developer Tools
        • Ankr
        • Azuro
        • Biconomy
        • Blocknative
        • Hyperlane
        • Lumx
        • Moralis
        • Pyth
        • Reown
        • Rarible
        • Tatum
        • The Graph
        • Thirdweb
        • Web3Auth
      • Custody solutions
        • Cobo
        • Fireblocks
      • Wallets
        • Magic
        • Privy
    • Developers events
      • Chiliz Sports Hackathon - July 2024
        • Setting The Stage
        • Getting Started
        • Mission Brief & Key Dates
        • The Prize Money
        • Theme & Intro
        • Tracks, Requirements, Regulations & Scoring Criteria
        • The Process
        • Disclaimers
        • Useful information
      • ETHGlobal Bangkok Hackathon 2024
      • ETHGlobal Istanbul Hackathon 2023
      • ETHGlobal London Hackathon 2024
      • ETHGlobal Online Hackathon Summer 2024
      • Hacking Poland 2025
      • Lumx Hack powered by ETH Rio
  • Chiliz Chain Changelog
    • Governance Proposals & Decisions
      • February 2025: New validator proposals
      • December 2024: Governance Update Proposals
      • May 2024: Dragon 8 (Tokenomics 2.0) Proposal
      • 2024 Dragon8 hard fork announcement
    • Blockchain code changes
    • Outage reports
      • Details on the May 21st outage
  • Doc Updates
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On this page
  • Overview
  • Wallet address, aka public key
  • How do I find my wallet address?
  • Types of wallet
  • Hardware wallet, aka cold (or cold storage) wallets
  • Software wallet, aka hot wallets
  • Key management

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  2. Glossary

Wallet

Good-to-know information about crypto wallets

Last updated 1 year ago

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Overview

A crypto wallet is useful for those who want to store, transfer, and exchange cryptocurrency. It is like a digital wallet: you can see past and real-time transactions.

Crypto wallets save sets of your crypto keys that are essential for regular transactions. These private keys can help in sending, receiving, and keeping track of your cryptocurrency and ownership thereafter.

Unlike traditional bank accounts, you have an option to select mobile applications or computer programs as your wallets.

Wallet address, aka public key

The wallet address is a set of unique alphanumeric strings and assigned only to the wallet-holder. It is similar to any regular address used to exchange cryptocurrencies or NFTs. It is impossible to make a transaction without having a wallet address.

Unlike the private key, you can openly share your wallet address just like you'd share your email address.

How do I find my wallet address?

To find your wallet address, choose one option from the following:

Option 1:

Open your MetaMask Wallet and select your Account. You can copy your wallet address by clicking on the alphanumeric string and use it further by pasting the already copied wallet ID where required.

Option 2:

  1. Open the 3-dot menu and select Account details.

2. The account details will pop-up. You can use either the QR code or the wallet address by copying the ID.

Types of wallet

Hardware wallet, aka cold (or cold storage) wallets

The hardware wallet is a physical device much similar to a private key token (such as RSA token). It holds the private key required to access your account on the blockchain.

Since the hardware wallet doesn't require to be connected to any digital device such as computers, chances of your account being hacked are low. Hence, the hardware wallet is widely considered as the preferred way of keeping your private keys and account safe.

However, the major downside of the hardware wallet is the cost involved; it can go hard on your pocket to buy and maintain a hardware wallet. In case you lose your hardware wallet, only the wallet's seed phrase can be used to access your account from then on. Consider yourself lucky if you have saved or written that seed phrase and kept it safe.

Software wallet, aka hot wallets

Web wallets can be easily accessible using your computer (using a browser extension for instance) or mobile applications. Web wallets are extremely convenient to use. You can transact, check your account balance, and manage your account on the go.

You are required to enter credentials to access your wallet. You must strictly keep your passwords safe at all times, especially, the seed phrase. Do not share this confidential information at any given situation. The Chiliz team will never ask you for your password or seed phrase.

Key management

Mobile applications and browser extensions can be used to manage digital private keys.