#CryptoSecurity101 Hot wallets are online applications or platforms, such as MetaMask or Coinbase Wallet, ideal for quick transactions. Their advantage is accessibility, but being connected to the internet, they are vulnerable to hacks and phishing.
Cold wallets, like Ledger or Trezor, are physical devices that store private keys offline, offering maximum security against cyberattacks, although they can be inconvenient for frequent use and require physical care.
For my personal security setup, I combine both: I use a hot wallet for daily transactions with small amounts and a cold wallet to store most of my cryptos. My private keys are never shared, and I use two-factor authentication (2FA) on online platforms.
Best practices to keep you safe:
Back up your seed phrase in a secure physical location, never digitally.
Use 2FA and unique passwords on hot wallets.
Verify URLs to avoid phishing.
Keep your cold wallet disconnected and in a safe place.
Regularly update your devices' software.
Security depends on discipline: combine convenience and protection according to your needs.