Trading Notes | Cold Wallets and Hot Wallets
① A cold wallet is a wallet whose private keys are generated and stored entirely offline. A hardware wallet is a typical example.
② Cold wallets can also initiate transfers: the transaction is signed on an offline device, then sent to the blockchain using an internet-connected device.
③ Never enter your hardware wallet’s recovery phrase into an internet-connected wallet. Create a separate wallet for everyday use.
$BTC 75828.36（-0.28%）
DYOR, and only invest what you can afford.
① A cold wallet is a wallet whose private keys are generated and stored entirely offline. A hardware wallet is a typical example.
② Cold wallets can also initiate transfers: the transaction is signed on an offline device, then sent to the blockchain using an internet-connected device.
③ Never enter your hardware wallet’s recovery phrase into an internet-connected wallet. Create a separate wallet for everyday use.
$BTC 75828.36（-0.28%）
DYOR, and only invest what you can afford.