Cold wallets and hot wallets explained in three sentences:
Your assets are always recorded on the blockchain; what a wallet actually stores is the private key used to access them.
Hot wallets are convenient, but the devices holding their private keys are always online, making those keys potential targets for malware and phishing websites.
Keep large amounts of assets in a cold wallet, and leave only a small amount for everyday use in a hot wallet.
$BTC 75720.01（-5.85%）
#BTC
Your assets are always recorded on the blockchain; what a wallet actually stores is the private key used to access them.
Hot wallets are convenient, but the devices holding their private keys are always online, making those keys potential targets for malware and phishing websites.
Keep large amounts of assets in a cold wallet, and leave only a small amount for everyday use in a hot wallet.
$BTC 75720.01（-5.85%）
#BTC