A cold wallet is a cryptocurrency wallet designed to work offline, ensuring maximum security when storing digital assets. Since it is not connected to the internet, it significantly reduces the risk of cyberattacks, such as hacking or phishing. This type of wallet is widely used by investors who want to store large amounts of cryptocurrencies or keep them for the long term, without making frequent transactions.
There are different types of cold wallets, such as hardware wallets, paper wallets or even computers disconnected from the internet used exclusively to store private keys.
Ledger Nano S/X: One of the best-known hardware wallets, which supports multiple cryptocurrencies and offers high security, is a more common option today.
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