📊 Wallets and Security | Cold Wallets and Hot Wallets
· What they are: A cold wallet is a wallet whose private keys are generated and stored in an offline environment. Hardware wallets are a typical example.
· How to think about it: Hot wallets are convenient to use, but the devices holding their private keys stay connected to the internet, leaving the keys vulnerable to malware and phishing websites.
· Reminder: Even with a cold wallet, make a copy of your recovery phrase. If you lose the device, you can restore your wallet using the phrase.
$BTC 81688.2（-2.01%）
· What they are: A cold wallet is a wallet whose private keys are generated and stored in an offline environment. Hardware wallets are a typical example.
· How to think about it: Hot wallets are convenient to use, but the devices holding their private keys stay connected to the internet, leaving the keys vulnerable to malware and phishing websites.
· Reminder: Even with a cold wallet, make a copy of your recovery phrase. If you lose the device, you can restore your wallet using the phrase.
$BTC 81688.2（-2.01%）