**####What is a cryptocurrency wallet?####** \\ A cryptocurrency wallet doesn't actually store your coins — it stores the **private keys** that prove you own them. The blockchain holds the balance; your wallet is what lets you access and move it. * **##Two Main Wallet Types: Hot vs. Cold##** * **Hot wallets** are always connected to the internet. They're free, fast, and convenient for frequent use, but they're exposed to hacking, malware, and phishing risks. * **Cold wallets** (hardware wallets like Ledger) store your keys completely offline. They cost $50–$200 but offer the highest level of security since your keys never touch the internet. Recommended for storing large amounts long-term. * **##Public Key, Private Key, and Seed Phrase##** * **Public key** — Your receiving address. Safe to share, like a bank account number. * **Private key** — Proves you own the funds. **Never share this with anyone.** * **Seed phrase** — 12 or 24 random words that back up your private key. If you lose this, your funds are gone permanently. Write it down and store it offline. * **##Custodial vs Non-Custodial##** * **Custodial wallets** (like Cash App) are managed by a company. They hold your keys on your behalf — easier to use, but you're trusting a third party. If they go bankrupt or get hacked, your funds may be at risk. * **Non-custodial wallets** give you full control. You hold your own keys. No one can freeze your account, but losing your seed phrase means losing everything. \\ **####Recommended Wallets####** * **##Bitcoin## ###(###{{:crypto:btc.png?20|}}###)### ##— Lightning Network##** * To receive Bitcoin payouts from Reaper's Crypt, your wallet must support **Lightning Network** (BOLT11) and generate invoices valid for at least **2 hours**. * Any wallet that can generate a BOLT11 invoice valid for 2+ hours will work. * **[[https://phoenix.acinq.co|Phoenix]]** (Recommended) — Non-custodial, excellent Lightning support, iOS & Android * **[[https://cash.app|Cash App]]** — Beginner-friendly, supports Lightning, US only * **[[https://www.walletofsatoshi.com|Wallet of Satoshi]]** — Easiest option, custodial, iOS & Android * **##Bitcoin wallets to avoid:##** * **Speed Wallet** — Invoices expire too quickly for our payment processing window * **Muun** — Does not support standard BOLT11 Lightning invoices * **##Solana## ###(###{{:crypto:sol.png?20|}}###)### ##— REAPER Token##** * To receive REAPER payouts you need a Solana wallet. * **[[https://phantom.app|Phantom]]** (Recommended) — Most popular Solana wallet, browser extension & mobile * **[[https://solflare.com|Solflare]]** — Browser extension & mobile * **[[https://backpack.app|Backpack]]** — Browser extension & mobile, popular in the Solana gaming community