Crypto wallets are used to transfer, receive, and store digital assets. However, not all wallets are suitable for all your needs. One type of wallet to consider is the burner wallet, which can help you get more out of your crypto transactions.
What makes this type of crypto wallet so useful? And what does it do differently from other wallets? Here's everything you need to know about burner wallets and how to use them.
What Is a Crypto Burner Wallet?
A burner wallet is a temporary crypto wallet you can use to make transactions, mint NFTs, or interact with decentralized applications (DApps) that are yet to be verified. Burner wallets are widely referred to as instant wallets.#CryptoMoj
Each burner wallet creates a temporary key, which allows the user to sign transactions. However, you don't need to memorize the seed phrase, as the private key pair is automatically generated and stored in your web browser.#BTC
A burner wallet is the best choice if you want to make a small transaction without your main crypto wallet or mint NFTs without fear for your assets.$BTC