Day 6 – Crypto Wallets: Hot Wallet vs Cold Wallet

🔐 Where should you store your crypto safely?

A crypto wallet is used to store, send, and receive cryptocurrencies.

There are two main types of wallets:

🔥 Hot Wallet

Connected to the internet

Examples: Binance wallet, mobile & web wallets

Easy to use and best for active trading

❄️ Cold Wallet

Offline storage (not connected to the internet)

Examples: hardware wallets

Provides maximum security for long-term holding

How to use them smartly:

• Use hot wallets for daily trading

• Use cold wallets for long-term savings

Key Takeaway:

👉 Hot wallet = convenience | Cold wallet = security.

Save this post to keep your crypto safe and secure.

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