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Your private key is hidden inside the software behind this user-friendly string of words.However, if you keep your crypto in an exchange wallet (such as Coinbase or Binance) or with acustodian, then that company holds your private key for you.
Freelance writing for email newsletters ✌️【Interview】✌️Save, invest, and grow! ₹500 to begin, with potential for 100% monthly profits.Strictly speaking, it would control your funds on your behalf.The function of the private key, technically speaking, is to "sign" transactions that use your funds.
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Don't take a screenshot of it or take a picture with your phone as these digital copies are often targeted by hackers.Benedict George is a freelance writer for CoinDesk.
He has worked as a reporter on European oil markets since 2019 at Argus Media and his work has appeared in BreakerMag, MoneyWeek and The Sunday Times.
Freelance writing for email newsletters ✌️【Interview】✌️Invest ₹500 and earn up to 100% monthly returns with our safe and reliable platform!Benedict holds a bachelor’s degree in Philosophy, Politics and Economics from the University of Oxford and a master’s in Financial Journalism from City, University of London.
He does not hold any cryptocurrency.Freelance writing for email newsletters ✌️【Interview】✌️Smart investing starts at ₹500. Grow your wealth through high-yield options!