A Bitcoin wallet is like a digital backpack that holds your Bitcoin. But instead of actually holding coins, it holds special keys (like passwords) that let you spend your Bitcoin. Keeping these keys safe is super important!

When you have Bitcoin, it's not actually stored on your computer or phone. Instead, all Bitcoin exists on the blockchain, which we learned about in the last lesson. Your wallet holds special digital keys that prove which Bitcoin belongs to you and lets you send it to others.

Think of it like this: imagine the blockchain is a giant parking lot full of locked cars (the Bitcoin). Your wallet doesn't hold the cars - it holds the keys to the cars that belong to you!

There are different types of Bitcoin wallets:

• Software wallets: Apps on your phone or computer
• Hardware wallets: Special devices that look like USB sticks that keep your keys extra safe
• Paper wallets: Your keys printed on paper and kept somewhere safe

The most important thing to remember is to keep your wallet keys safe and secret! If someone gets your keys, they can take your Bitcoin. And unlike with a bank, there's no one to call to get your Bitcoin back if it's stolen.