Choosing the right wallet for storing cryptocurrency is critically important for the security of your assets.
Hot Wallet: Connected to the internet (for example, online wallet on an exchange, mobile application). Convenient for frequent transactions but more vulnerable to cyber attacks.
Cold Wallet: Not connected to the internet (for example, hardware wallet, paper wallet). Maximally secure for long-term storage of large amounts, but less convenient for frequent operations.
Choose the type of wallet based on your needs and the volume of assets.
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