Many beginners stumble at the first step on the words 'wallet'.

First, remember this concept:

Exchange account ≠ your wallet; what truly belongs to you is the wallet where you control the private keys/seed phrases.

Wallets are generally divided into two categories:

1️⃣ Hot Wallet

Mobile App, Browser Extension

Always online, suitable for daily small transactions, interactions, and claiming airdrops.

Risk: Connected to the internet, prone to phishing links and malicious authorizations.

2️⃣ Cold Wallet

A small hardware similar to a USB drive, usually offline.

Suitable for long-term, large storage.

A bit more complicated to operate, but with higher security.

A simple principle for beginners:

Play around & practice: use a hot wallet.

For real big money: store in a cold wallet.

All funds: never share your seed phrase screenshot with anyone.

Later, I will release a separate article discussing 'seed phrase security' and common failure cases.🔐