Where are crypto wallets held?
Could you elaborate on the various locations where crypto wallets are typically held? Are they primarily stored on personal devices like smartphones or computers? Are there specialized hardware wallets designed specifically for cryptocurrency storage? Do exchanges or third-party custodians offer wallet services where users can entrust their crypto holdings? Additionally, how do decentralized finance protocols like DeFi impact the storage and accessibility of crypto wallets? Understanding these nuances would help clarify the diverse options available for crypto wallet management.