🔐 Types of Digital Wallets in Crypto:

🔸 Hot Wallets – Hot Wallets

Wallets connected to the internet, such as apps or websites.

Example: MetaMask, Trust Wallet

✅ Easy to use

⚠️ More prone to hacking

🔸 Cold Wallets – Cold Wallets

Wallets not connected to the internet, such as storage devices or paper.

Example: Ledger, Trezor

✅ High security

⚠️ Less convenient for daily use

🔸 Custodial Wallets – Custodial Wallets

Wallets controlled by trading platforms (like Binance).

✅ Suitable for beginners

⚠️ You do not have full control over your private keys

🔸 Non-Custodial Wallets – Non-Custodial Wallets

You are the only one who controls the private keys.

✅ Full control

⚠️ Requires expertise to protect your funds

💡 Remember: "Not your keys? Not your coins!"