Hot Wallet vs Cold Wallet
Hot Wallet:
Connected to the internet
Fast and easy to use
Examples: MetaMask, Trust Wallet, Exchange wallets
Risk: Higher chance of hacks or phishing
Cold Wallet:
Kept offline
Private keys stay offline
Examples: Ledger, Trezor, Paper wallet
Risk: Much lower (mainly physical loss)
#HotWallet #ColdWallet #CryptoWallets #CryptoSecurity #SelfCustody #CryptoForBeginners
#Crypto
Hot Wallet:
Connected to the internet
Fast and easy to use
Examples: MetaMask, Trust Wallet, Exchange wallets
Risk: Higher chance of hacks or phishing
Cold Wallet:
Kept offline
Private keys stay offline
Examples: Ledger, Trezor, Paper wallet
Risk: Much lower (mainly physical loss)
#HotWallet #ColdWallet #CryptoWallets #CryptoSecurity #SelfCustody #CryptoForBeginners
#Crypto
