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

First, remember one concept:

Exchange account ≠ your wallet,

What truly belongs to you is the wallet where you control the private keys/mnemonic phrases.

Wallets can be roughly divided into two types:

1️⃣ Hot Wallet

Mobile App, browser plugin

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

Risk: Connected to the internet, easily targeted by phishing links and malicious authorizations.

2️⃣ Cold Wallet

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

Suitable for long-term, large-scale storage.

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

A simple principle for beginners:

For practicing & getting familiar: use a hot wallet.

For real money: store in a cold wallet.

For all money: never screenshot and share your mnemonic phrases with anyone.

Later, I will publish a separate piece, focusing solely on "mnemonic phrase safety" and common pitfalls.🔐