#CryptoSecurity101

How to stay safe in Crypto?

Shall we use hot wallets🔥or cold wallets🧊?

Let’s dive into the features of each one.

Hot and cold wallets serve distinct crypto storage needs. Hot wallets, like mobile or web apps, are connected to the internet, offering convenience for frequent transactions but are vulnerable to hacks. Cold wallets, such as hardware devices, are offline, providing top-tier security but less accessibility. Hot wallets suit active traders; cold wallets are ideal for long-term hodlers.

✅Pros of hot🔥: easy access, user-friendly.

❗️Cons: security risks.

✅Pros of cold🧊: high security, hack-resistant.

❗️Cons: less convenient, potential physical loss.

A mix of both is best—use hot for daily trades and cold for secure, long-term storage to balance convenience and safety. Stay safe 🦾