🗒️ Wallets and Security | Cold Wallets and Hot Wallets
· Key point: If you enter a hardware wallet’s recovery phrase into a phone or browser extension wallet, the private keys are now on an internet-connected device, and the wallet is no longer a cold wallet.
· Why: The distinction between cold and hot wallets isn’t about what the wallet looks like, but whether the private keys have ever been exposed to an internet-connected environment.
· In practice: Before confirming with a cold wallet, carefully check the recipient address and amount on the device screen.
$BTC 75380.21（-6.31%）
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· Key point: If you enter a hardware wallet’s recovery phrase into a phone or browser extension wallet, the private keys are now on an internet-connected device, and the wallet is no longer a cold wallet.
· Why: The distinction between cold and hot wallets isn’t about what the wallet looks like, but whether the private keys have ever been exposed to an internet-connected environment.
· In practice: Before confirming with a cold wallet, carefully check the recipient address and amount on the device screen.
$BTC 75380.21（-6.31%）
Markets involve risk; enter with caution.