🔥 Wallet and security essentials: cold wallets and hot wallets
The difference between cold and hot wallets isn’t how they look, but whether the private keys have ever been exposed to an internet-connected environment.
Never import the recovery phrase for a hardware wallet into a mobile wallet. Create a separate wallet for everyday use.
Many people keep $BTC , which they plan to hold long-term, in a cold wallet, and leave the funds they need for everyday use in a hot wallet.
If you have any friends who are new to this, feel free to share this with them.
The difference between cold and hot wallets isn’t how they look, but whether the private keys have ever been exposed to an internet-connected environment.
Never import the recovery phrase for a hardware wallet into a mobile wallet. Create a separate wallet for everyday use.
Many people keep $BTC , which they plan to hold long-term, in a cold wallet, and leave the funds they need for everyday use in a hot wallet.
If you have any friends who are new to this, feel free to share this with them.
