#CryptoSecurity101 Comparison of hot vs. cold wallets

- **Hot wallets**: Connected to the internet, fast for transactions, but vulnerable to hacks. E.g.: MetaMask, exchange wallets.

- **Cold wallets**: Offline, more secure, ideal for large amounts long-term, but less practical. E.g.: Ledger, paper wallets.

- **Recommendation**: Use hot wallets for daily transactions, cold wallets for secure storage.

Security analysis (simulated)

- **Setup**: MetaMask with 2FA for transactions, Ledger Nano X for storage, seed phrase in a safe.

- **Weaknesses**: Risk of malware in hot wallet, human errors (phishing, malicious contracts).