๐ Cold Wallets vs ๐ฅHot Wallets โ Which One Should You Use?
When it comes to storing your crypto, security is everything. Here's a quick breakdown:
๐ป Hot Wallets
Connected to the internet
Examples: Mobile apps, browser extensions, exchanges
Best for: Quick access, frequent trading
โ ๏ธ More vulnerable to hacks
๐ง Cold Wallets
Offline storage
Examples: Hardware wallets (like Ledger), paper wallets
Best for: Long-term holding, large amounts
โ Highly secure from online threats
๐ Which should you choose? If you trade regularly, use hot wallets for speed. For long-term safety, store most of your assets in cold wallets.
๐ Pro Tip: Use both! Keep a small amount in a hot wallet for daily use, and the rest in a cold wallet.