What’s the difference between a hot wallet and a cold wallet?

Q: What’s the difference between a hot wallet and a cold wallet?

Hot Wallets are connected to the internet (e.g., mobile apps, desktop wallets, web wallets) and are more convenient but slightly more vulnerable to hacking. Cold Wallets are offline (e.g., hardware wallets, paper wallets), offering higher security for long-term storage.

Home » FAQs » What’s the difference between a hot wallet and a cold wallet?

by Jade Fury

2 months ago 0 7

Hot Wallets are connected to the internet (e.g., mobile apps, desktop wallets, web wallets) and are more convenient but slightly more vulnerable to hacking.
Cold Wallets are offline (e.g., hardware wallets, paper wallets), offering higher security for long-term storage.