Frequently Asked Question

Wallets are a crucial component in the digital currency ecosystem, serving as the primary storage location for your cryptocurrencies. Similar to a physical wallet or a bank account, it’s a secure digital container that stores your coins or tokens and enables you to send or receive them as needed. Unlike traditional wallets, digital currency wallets are not physical but rather unique, private addresses where your balance information is securely stored. Each wallet is designated for a specific currency, meaning that a single wallet cannot be used for multiple currencies.

ChainEX offers a complimentary wallet for each supported currency, which is hosted on our secure servers. Our wallets are designed to ensure the utmost security and protection of your digital assets, providing you with peace of mind while you trade in the cryptocurrency market.