Defexa Wallet

Banking Safety
for Your Crypto Assets
Purchase, sell, or swap 100+ assets.
Safe and simple.
Defexa Wallet
Defexa Wallet


100+ Assets

100+ Assets

To buy, sell, or swap with
your bank card in one click.

Defexa Wallet Bank
Card: Coming Soon!

The ultimate convenience of an international
bank card is opening up a world of seamless purchase possibilities.
Issue a Bank Card with Defexa
  • Operates Worldwide
  • Crypto Top Up
  • One Click Activation
Issue a Bank Card with Defexa
Superior Security
Superior Security
Superior Security

Superior Security

We use AppSec to provide
banking-level security for our clients.
Superior Security

We don’t own your crypto,
you do

All the keys for your wallet are kept on your device. We cannot trace them and we do not have access to them. The safety of your funds is our first and top priority.

What is a cryptocurrency wallet?

Cryptocurrency wallets are an essential tool for anyone looking to invest in digital assets. They allow you to store, send, and receive cryptocurrencies securely and conveniently. In this comprehensive guide, we will explore what a cryptocurrency wallet is, how it works, and the different types of crypto coin wallets available.

A cryptocurrency wallet is a digital wallet where cryptocurrencies can be stored, sent, and received. It allows you to manage and access your digital assets by securely storing your private and public keys. Cryptocurrency wallets come in different forms, such as online crypto wallets, desktop software, crypto wallet apps, and hardware devices.

A cryptocurrency wallet stores your private and public keys, allowing you to interact with the blockchain network. Public keys are used to receive cryptocurrency, while private keys are used to send it.

A cryptocurrency wallet works like a bank account, but instead of holding traditional currencies, it holds digital assets. But, unlike bank accounts, the majority of cryptocurrency wallets let you manage both your private and public wallet keys, giving you complete control over your money.

Let’s take a closer look at ‌private and public keys. The public key in the context of cryptocurrencies is your wallet address, which you are free to share with anybody. While a private key is used to create digital signatures and validate transactions. That’s why revealing it to anybody else might jeopardize the protection of your finances, and thus it must be kept a secret.

How does crypto coin wallet work?

There are many types of cryptocurrency wallets, and all of them function differently. For instance, custodial wallets maintain your private keys, while non-custodial, also known as self-custodial, solutions give you complete control over your private keys and your money.

Additionally, some wallets, like those designed exclusively for Bitcoin only, allow users to work with a single coin. Still, the majority of the wallets work as crypto wallets for all coins, giving you access to a wide variety of currencies.

However, there are some core functions that unites all digital crypto wallets:

  1. Storing cryptocurrency
  2. Receiving crypto
  3. Sending crypto
  4. Managing Crypto

When you send or receive cryptocurrency, the transaction is recorded on the blockchain, a decentralized digital ledger that tracks all cryptocurrency transactions. Your wallet interacts with the blockchain to verify transactions, update your balance, and create new transactions.

As we’ve mentioned, Crypto wallets work by generating a public and private key pair. When you want to receive cryptocurrency, you share your public key with the sender. They will then send the cryptocurrency to your public key address, which will be recorded on the blockchain. When you want to send cryptocurrency, you sign the transaction with your private key, which is then verified by the network before the funds are transferred.

Types of Crypto Wallets

When it comes to managing cryptocurrencies, having a reliable and secure wallet is essential. There are several types of crypto wallets available, each with its own set of features and advantages. Let's explore the different types of crypto wallets:

1. Hardware Wallets

Hardware wallets are physical devices designed to store cryptocurrencies securely offline. They offer a high level of security by keeping private keys offline, away from potential online threats. Hardware wallets are popular among long-term investors and individuals who prioritize security.

2. Software Wallets

Software wallets are applications or programs that can be installed on desktops, laptops, or mobile devices. They provide a convenient way to access and manage cryptocurrencies. Software wallets can be further categorized into:

Desktop Wallets: Installed on a computer, these wallets offer greater security than online wallets as they are not connected to the internet continuously.

Mobile Wallets:Installed on smartphones or tablets, mobile wallets provide easy access to cryptocurrencies on the go. They are convenient for everyday transactions.

Online Wallets: Also known as web wallets, these wallets operate on cloud-based platforms. They offer accessibility from any device with an internet connection but may pose higher security risks compared to other types of wallets.

3. Paper Wallets

Paper wallets involve printing the public and private keys on a physical medium, such as paper. They provide an offline storage option and are considered one of the most secure methods for long-term storage. However, caution must be exercised to prevent loss or damage to the physical copy.

Cold vs Hot Crypto Wallets

When discussing crypto wallets, it's important to understand the difference between cold and hot wallets. This classification is based on whether the wallet is connected to the internet or not:

1. Cold Wallets

Cold wallets, such as hardware wallets and paper wallets, are offline storage solutions. They provide an extra layer of security as they are not susceptible to hacking or online attacks. Cold wallets are ideal for long-term storage and keeping large amounts of cryptocurrencies safe.

2. Hot Wallets

Hot wallets, including software wallets and online wallets, are connected to the internet and allow quick access to cryptocurrencies. They are suitable for frequent transactions and convenient management of smaller amounts. However, hot wallets are more vulnerable to potential security breaches compared to cold wallets.

Custodial vs Non-Custodial Wallets

Another important consideration when choosing a crypto wallet is whether it is custodial or non-custodial:

1. Custodial Wallets

Custodial wallets are provided by third-party services, such as cryptocurrency exchanges. In this type of wallet, the service provider holds and manages the user's private keys. While custodial wallets may offer convenience and user-friendly features, they also transfer the responsibility of securing the funds to the service provider.

2. Non-Custodial Wallets

Non-custodial wallets, also known as self-hosted wallets, give users full control over their private keys. These wallets prioritize user autonomy and security, as the responsibility of safeguarding the private keys rests solely with the user. Non-custodial wallets can be software wallets, hardware wallets, or paper wallets.

Why Choose Defexa Wallet

Bank-Level Security: Safely store your ETH, BTC, TRX and other digital currencies.

Easy for Beginners: Intuitive interface for managing your Crypto.

Manage on the Go: Easy access to your wallet on iOS and Android devices.

How to get a Defexa crypto wallet?

  1. Get the App on Or you can conveniently download the Defexa Wallet from the app store on your mobile:
  2. Sign up
  3. Get your secret phrase, and never share it with anyone!
  4. Set up a PIN, and that’s it!


Is my Crypto Wallet anonymous?

Defexa Wallet is a mobile crypto wallet that does not require any personal information to create an account or use the wallet. However, transactions on the blockchain are public, so it's important to take additional steps to protect your privacy if you wish to remain anonymous.

Can my Сrypto Wallet be hacked?

While no wallet is completely immune to hacking attempts, Defexa Wallet is considered to be a secure cryptocurrency wallet. To protect your cryptocurrency wallet from hacking attempts, it's important to take the following steps:

  1. Store your private keys offline: Consider using a hardware wallet, which stores your private keys offline and provides an extra layer of security.
  2. Keep your Defexa Wallet App up to date: Make sure to install updates for your wallet, as these often contain security fixes.
  3. Use strong passwords: Set up a PIN that is difficult to guess.

What max and min amount of crypto can I store in my Wallet?

Defexa Wallet has no limit on the amount of cryptocurrency you can store in the wallet. You can store as much or as little cryptocurrency as you want, as long as the wallet supports the specific cryptocurrency you wish to store.

How to transfer crypto to another wallet?

To transfer cryptocurrency to another wallet using Defexa Wallet, you'll need to know the recipient's wallet address. Once you have the recipient's wallet address, you can initiate a transfer from your Defexa Wallet app by selecting the cryptocurrency you wish to send and entering the recipient's wallet address.

How can I withdraw money to my card, bank account, or PayPal?

To withdraw cryptocurrency to your card, bank account, or PayPal account, you'll need to use a cryptocurrency exchange that supports withdrawals to fiat currencies. You can transfer cryptocurrency from your Defexa Wallet to the exchange, sell it for fiat currency, and then withdraw the funds to your linked bank account or PayPal. The exact process may vary depending on the specific exchange you're using.