“Ballet wallet” refers to the physical steel card in the size and shape of a credit card that contains the encrypted private key and passphrase. When you use the Ballet Crypto app to scan the primary coin QR code on the Ballet wallet, a “virtual wallet card” is added to the Home page of the app. The virtual wallet card provides a convenient, easy-to-understand way to interface with your physical Ballet wallet. It’s called a “virtual” wallet card because the encrypted private key and passphrase are never stored on the app. The virtual wallet card allows you to monitor the amount of cryptocurrency stored on the physical Ballet wallet and see the real-time fiat currency value, as well as several other functions that do not require the private key. However, when you want to send coins out from your Ballet wallet, you need the physical Ballet wallet itself so that you can enter the passphrase and scan the encrypted private key QR code.
Articles in this section
- Receive & Send NFT on Ballet Wallet
- How is it possible to store cryptocurrency on a non-electronic device such as a Ballet wallet?
- Can I deposit cryptocurrency to a Ballet wallet before taking it out of the cardboard package?
- What’s the difference between a Ballet wallet and a virtual wallet card?
- What’s the difference between a cryptocurrency address and a cryptocurrency account?
- How do I buy cryptocurrency in the Ballet Crypto mobile app?
- What’s the first thing I should do when I get a new Ballet wallet?
- Do I need to use the Ballet Crypto mobile app to deposit cryptocurrency to my Ballet wallet?
- Download the Ballet Crypto app
- How do I check the balance on my Ballet wallet?