Crypto Wallet: hot or cold

Cold wallets are hardware wallets, offline kept paper wallets, USB and

offline similar data storage devices, and even physical bearer items

such as physical Bitcoins.

Hot wallets include all online cloud wallets, most mobile, and

software wallets, and exchanges.

A hot wallet is connected to the internet and can be accessed at any time.

A cold wallet is not connected to the internet and allows to store

your funds offline. You can still receive funds at any time, but

no-one can transfer them out.


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