#CryptoSecurity101

🔥🔥🔥Hot wallets, such as the Binance exchange, provide convenience but store private keys online and are more vulnerable to hacks.

❄️❄️❄️Cold wallets, such as hardware devices like Ledger or Trezor, keep private keys offline, ensuring enhanced security but requiring more complex setup and usage.

☝️Best practice is to use a cold wallet for long-term storage and a hot wallet for transactions that require instant access.