Study Notes | Cold Wallets and Hot Wallets
① Cold wallets can also initiate transfers: the transaction is signed on the device first, then broadcast through an internet-connected device.
② A hot wallet is a wallet whose private keys are stored on an internet-connected device, such as a mobile wallet app or a browser extension wallet.
③ Keep long-term, inactive assets in a cold wallet, and leave only a small amount of funds for daily use in a hot wallet.
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