Hot wallet (online wallet): An internet-connected wallet like a mobile app or browser, easy and quick, but less secure because it is online.
Cold wallet (stored currencies in an external device): A wallet not connected to the internet, often a small device resembling a USB, providing a higher level of security because it is away from hacking, but less convenient for daily use.
Hot = quick use (recommended for beginners). Cold = higher security.
All wallets inside Binance = hot wallets
Follow and learn something new every day
#تعلم_التداول #العملات_الرقمية‬ #BinanceSquare
$ETH $XRP $BNB