{"id":39326,"date":"2022-04-13T12:16:15","date_gmt":"2022-04-13T10:16:15","guid":{"rendered":"https:\/\/www.coinpro.ch\/glossar\/private-key\/"},"modified":"2025-08-08T10:26:42","modified_gmt":"2025-08-08T08:26:42","slug":"private-key","status":"publish","type":"encyclopedia","link":"https:\/\/www.coinpro.ch\/en\/glossary\/private-key\/","title":{"rendered":"Private Key"},"content":{"rendered":"

The private key is one of the essential tools for encryption and decryption in internet communication, and thus especially for cryptocurrencies. In symmetric encryption methods (also called secret key methods), only private keys are used. The private or secret key is therefore an important tool in cryptography. <\/p>\n

What is the Private Key Needed for?<\/h2>\n

The private key protects your wallet<\/a>. With hardware wallets<\/a>, you own the private key yourself and are therefore responsible for your coins<\/a> and tokens. In contrast, with many hot wallets<\/a> you do not receive the private key. In that case, the private key is owned by the provider. This is the case, for example, if you store your cryptocurrencies<\/a> directly on an exchange<\/a>. Whoever owns the private key of a wallet can therefore dispose of the assets of the wallet. <\/p>\n","protected":false},"excerpt":{"rendered":"

The private key is one of the essential tools for encryption and decryption in internet communication, and thus especially for cryptocurrencies. In symmetric encryption methods…<\/p>\n","protected":false},"author":6,"featured_media":0,"template":"","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"class_list":["post-39326","encyclopedia","type-encyclopedia","status-publish","hentry"],"acf":[],"yoast_head":"\nWhat is Private Key? - CoinPro.ch<\/title>\n<meta name=\"description\" content=\"The private key is used for encryption and decryption in communication. The symmetric encryption method is used with Bitcoin.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.coinpro.ch\/en\/glossary\/private-key\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Private Key\" \/>\n<meta property=\"og:description\" content=\"The private key is used for encryption and decryption in communication. The symmetric encryption method is used with Bitcoin.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.coinpro.ch\/en\/glossary\/private-key\/\" \/>\n<meta property=\"og:site_name\" content=\"CoinPro.ch\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/coinpro.ch\/\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-08T08:26:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.coinpro.ch\/wp-content\/uploads\/2018\/05\/CoinPro-Facebook-Teaser.png\" \/>\n\t<meta property=\"og:image:width\" content=\"828\" \/>\n\t<meta property=\"og:image:height\" content=\"315\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@CoinproCH\" \/>\n<meta name=\"twitter:label1\" content=\"Gesch\u00e4tzte Lesezeit\" \/>\n\t<meta name=\"twitter:data1\" content=\"1\u00a0Minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/glossary\\\/private-key\\\/\",\"url\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/glossary\\\/private-key\\\/\",\"name\":\"What is Private Key? - CoinPro.ch\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/#website\"},\"datePublished\":\"2022-04-13T10:16:15+00:00\",\"dateModified\":\"2025-08-08T08:26:42+00:00\",\"description\":\"The private key is used for encryption and decryption in communication. The symmetric encryption method is used with Bitcoin.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/glossary\\\/private-key\\\/#breadcrumb\"},\"inLanguage\":\"de\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/glossary\\\/private-key\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/glossary\\\/private-key\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Startseite\",\"item\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Glossar\",\"item\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/glossary\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Private Key\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/\",\"name\":\"CoinPro.ch\",\"description\":\"News, knowledge and background information about Bitcoin, blockchain\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"de\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/#organization\",\"name\":\"Cyriax digital\",\"url\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"de\",\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.coinpro.ch\\\/wp-content\\\/uploads\\\/2019\\\/05\\\/profile-logo-original.jpg\",\"contentUrl\":\"https:\\\/\\\/www.coinpro.ch\\\/wp-content\\\/uploads\\\/2019\\\/05\\\/profile-logo-original.jpg\",\"width\":900,\"height\":900,\"caption\":\"Cyriax digital\"},\"image\":{\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/coinpro.ch\\\/\",\"https:\\\/\\\/x.com\\\/CoinproCH\",\"https:\\\/\\\/www.instagram.com\\\/coinpro.ch\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/coinpro-ch\",\"https:\\\/\\\/www.pinterest.ch\\\/coinproch\\\/\"]}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"What is Private Key? - CoinPro.ch","description":"The private key is used for encryption and decryption in communication. The symmetric encryption method is used with Bitcoin.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.coinpro.ch\/en\/glossary\/private-key\/","og_locale":"en_US","og_type":"article","og_title":"Private Key","og_description":"The private key is used for encryption and decryption in communication. The symmetric encryption method is used with Bitcoin.","og_url":"https:\/\/www.coinpro.ch\/en\/glossary\/private-key\/","og_site_name":"CoinPro.ch","article_publisher":"https:\/\/www.facebook.com\/coinpro.ch\/","article_modified_time":"2025-08-08T08:26:42+00:00","og_image":[{"width":828,"height":315,"url":"https:\/\/www.coinpro.ch\/wp-content\/uploads\/2018\/05\/CoinPro-Facebook-Teaser.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_site":"@CoinproCH","twitter_misc":{"Gesch\u00e4tzte Lesezeit":"1\u00a0Minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.coinpro.ch\/en\/glossary\/private-key\/","url":"https:\/\/www.coinpro.ch\/en\/glossary\/private-key\/","name":"What is Private Key? - CoinPro.ch","isPartOf":{"@id":"https:\/\/www.coinpro.ch\/en\/#website"},"datePublished":"2022-04-13T10:16:15+00:00","dateModified":"2025-08-08T08:26:42+00:00","description":"The private key is used for encryption and decryption in communication. The symmetric encryption method is used with Bitcoin.","breadcrumb":{"@id":"https:\/\/www.coinpro.ch\/en\/glossary\/private-key\/#breadcrumb"},"inLanguage":"de","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.coinpro.ch\/en\/glossary\/private-key\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.coinpro.ch\/en\/glossary\/private-key\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Startseite","item":"https:\/\/www.coinpro.ch\/en\/"},{"@type":"ListItem","position":2,"name":"Glossar","item":"https:\/\/www.coinpro.ch\/en\/glossary\/"},{"@type":"ListItem","position":3,"name":"Private Key"}]},{"@type":"WebSite","@id":"https:\/\/www.coinpro.ch\/en\/#website","url":"https:\/\/www.coinpro.ch\/en\/","name":"CoinPro.ch","description":"News, knowledge and background information about Bitcoin, blockchain","publisher":{"@id":"https:\/\/www.coinpro.ch\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.coinpro.ch\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"de"},{"@type":"Organization","@id":"https:\/\/www.coinpro.ch\/en\/#organization","name":"Cyriax digital","url":"https:\/\/www.coinpro.ch\/en\/","logo":{"@type":"ImageObject","inLanguage":"de","@id":"https:\/\/www.coinpro.ch\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.coinpro.ch\/wp-content\/uploads\/2019\/05\/profile-logo-original.jpg","contentUrl":"https:\/\/www.coinpro.ch\/wp-content\/uploads\/2019\/05\/profile-logo-original.jpg","width":900,"height":900,"caption":"Cyriax digital"},"image":{"@id":"https:\/\/www.coinpro.ch\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/coinpro.ch\/","https:\/\/x.com\/CoinproCH","https:\/\/www.instagram.com\/coinpro.ch\/","https:\/\/www.linkedin.com\/company\/coinpro-ch","https:\/\/www.pinterest.ch\/coinproch\/"]}]}},"_links":{"self":[{"href":"https:\/\/www.coinpro.ch\/en\/wp-json\/wp\/v2\/encyclopedia\/39326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.coinpro.ch\/en\/wp-json\/wp\/v2\/encyclopedia"}],"about":[{"href":"https:\/\/www.coinpro.ch\/en\/wp-json\/wp\/v2\/types\/encyclopedia"}],"author":[{"embeddable":true,"href":"https:\/\/www.coinpro.ch\/en\/wp-json\/wp\/v2\/users\/6"}],"version-history":[{"count":0,"href":"https:\/\/www.coinpro.ch\/en\/wp-json\/wp\/v2\/encyclopedia\/39326\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.coinpro.ch\/en\/wp-json\/wp\/v2\/media?parent=39326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}