What is a private wallet?

Recent versions of our Android and iOS wallet apps include the private wallet feature, which enables you to add other digital wallets to your Lykke Wallet. You can use the My Private Wallet wallet, which is generated from the private key of your trading wallet, or you can add any other external wallets in your possession.

Private wallets support Cash In/Cash Out operations only. You cannot trade directly from these wallets however, you can easily transfer assets between your Private Wallets and your trading wallet. You can also transfer funds between different Private Wallets.

Thus, with the help of Lykke Wallet, you can accumulate a variety of your cryptocurrency assets in one place so that they are always at hand.