Let’s talk about cold and hot wallets.
Large trading platforms also typically manage their custodial assets in two categories: hot wallets and cold wallets. Routine withdrawals are mainly sent from hot wallets.
To be honest, I hadn’t paid attention to this tip before: before signing with a cold wallet, carefully check the recipient address and amount displayed on the device screen.
Many people keep $BTC in a cold wallet for long-term holding, and keep funds they need for everyday use in a hot wallet. Current balance: 82394.02.
If someone tells you to transfer funds first to unfreeze them, it’s almost certainly a scam.
Large trading platforms also typically manage their custodial assets in two categories: hot wallets and cold wallets. Routine withdrawals are mainly sent from hot wallets.
To be honest, I hadn’t paid attention to this tip before: before signing with a cold wallet, carefully check the recipient address and amount displayed on the device screen.
Many people keep $BTC in a cold wallet for long-term holding, and keep funds they need for everyday use in a hot wallet. Current balance: 82394.02.
If someone tells you to transfer funds first to unfreeze them, it’s almost certainly a scam.