#CryptoSecurity101 Security in the world of Web3 is the foundation for successful participation in the cryptocurrency space. Knowledge about how to securely store assets, protect private keys, and properly use wallets is critical to avoiding losses due to hacker attacks or mistakes. Here are the key aspects of crypto asset security.

Hot vs Cold Wallets: Which to Choose?

Hot wallets are online wallets that are connected to the internet, such as Metamask or Trust Wallet. They are convenient for daily transactions but are vulnerable to cyber threats. Cold wallets, such as hardware wallets like Ledger or Trezor, are stored offline and provide a higher level of security, making them ideal for long-term storage of large amounts. The best strategy is a combination: use a hot wallet for small amounts and a cold wallet for primary assets. This is a balance between convenience and security.