Cold Wallets vs. Hot Wallets: What’s the Difference?
Hot Wallets 🔥
Online: Connected to the internet for easy access.
Use: Ideal for frequent transactions like trading or payments.
Risk: More vulnerable to hacking due to online exposure.
Cold Wallets ❄️
Offline: Stored on hardware or paper for maximum security.
Use: Best for long-term storage of large amounts.
Risk: Physical loss or damage is possible.
💡 Tip: Use a hot wallet for convenience and a cold wallet for security. Balance both for safe and efficient crypto management! 🚀