A hot wallet thats always online 24/7 is like leaving your wallet carelessly on the table, inviting criminals.
🔹 Backdoors for malware devices connected to the internet, are easily infected with keyloggers or spyware that steal your private key as soon as you type.
🔸 Phishing traps exist when you frequently interact with Dapps, increasing the risk of clicking on fake links and inadvertently giving hackers control of your wallet.
🔹 Third party risks using an exchange wallet means you dont actually hold the money. If the exchange goes bankrupt, your assets will vanish.
🔸 Deadly convenience the ability to transfer money quickly is a fatal weakness, allowing hackers to abscond with assets in seconds before you even realize it.
Are you keeping all your assets in a hot wallet?
This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.