Public vs. Private Keys: How They Protect Your Crypto Wallets 🔑

If you own cryptocurrency, you most likely have a wallet where you keep your coins. However, these cryptocurrency wallets do not contain any actual cryptocurrency. Instead, they contain two kinds of keys: private and public keys. A public key is used to send cryptocurrency into a wallet while a private key is what verifies those transactions and proves the ownership rights to a specific wallet address. But is there all that is to know about these two keys? Check out this video to understand the main differences between these two keys and their respective role in your day-to-day crypto transactions! Timestamps: 00:00 Intro 00:16 Definitions of Public Key and Private Key 00:46 Differences between Public Key vs Private Key 01:38 Respective roles in crypto transactions 02:33 Tips to secure your wallet 02:51 Outro Download CoinGecko App!📱 iOS: https://gcko.io/coingecko-ios Android: https://gcko.io/coingecko-android Follow us! Twitter: https://twitter.com/coingecko Instagram: https://www.instagram.com/coingecko TikTok: https://www.tiktok.com/@coingeckotv Telegram: https://t.me/coingecko Subscribe to CoinGecko's Newsletter! 📩 https://landing.coingecko.com/newsletter/ #privatekey #publickey #crypto #blockchain #cryptocurrency #cryptowallet