An intermediary wallet acts as a bridge between users and the blockchain, facilitating transactions without requiring full control over private keys. It provides a user-friendly interface for managing assets, making it easier for individuals to send, receive, and store cryptocurrencies.These wallets often come with additional features like enhanced security, multi-currency support, and integration with exchanges for trading. They typically manage the underlying complexities of blockchain interactions, making it more accessible for those who may not fully understand how to directly operate with cryptographic wallets.While intermediary wallets simplify the experience for users, they do come with trade-offs. Users may not have complete ownership of their private keys, which means trust is placed in the intermediary provider. This can increase risk factors such as hacks or service outages but may be worthwhile for those prioritizing ease of use over full control. In summary, intermediary wallets serve to streamline the entry into and use of cryptocurrency for the broader audience, balancing accessibility and security.