📌 Wallets and Security|Cold Wallets and Hot Wallets
· What it is: A cold wallet is a wallet whose private keys are generated and stored in an offline environment. A hardware wallet is a typical example.
· Why it matters: Cold wallets mainly protect against online theft; they can’t protect users from confirming a problematic transaction or authorization themselves.
· Practical tip: Store assets you don’t plan to use for a long time in a cold wallet, and keep only a small amount of funds for everyday use in a hot wallet.
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