💰 What is a Crypto Wallet? Hot vs Cold Wallet
Definition:
A crypto wallet is a tool that lets you store, send, and receive cryptocurrencies securely. Think of it as your digital bank account—but for crypto!
Example:
Hot Wallet: MetaMask, Trust Wallet (connected to the internet, easy access)
Cold Wallet: Ledger, Trezor (offline, super secure)
Why it matters:
Choosing the right wallet protects your crypto from hacks and gives you control over your funds.
3 Tips:
1. Use hot wallets for small, everyday crypto transactions.
2. Use cold wallets for long-term storage of large amounts.
3. Always back up your wallet’s private keys securely.
