as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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what is a cryptocurrency wallet?
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a cryptocurrency wallet is a digital wallet where private keys are stored to access digital currency such as bitcoin. it is used to store, send, and receive digital currency and monitor their balance. the wallet also serves as a security measure, since it requires authorization each time a transaction is made.
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