How does Cryptocurrency Wallet Functions

Crypto Wallet operates on the basis of two keys — a public key and a private key.

You use your public key as your wallet address and share it with other people. When anyone wants to transfer money to you, they will use your public key to send funds. You, on the other hand, will use the private key to unlock the crypto wallet and gain access to funds.

You need to keep your private key safe. Make sure no one has access to these keys for anyone with access to private keys will be the owner of the crypto assets. Two wallet addresses are never the same and there is absolutely no chance of a transfer of funds reaching different people that you intend.