Crypto Tips From A to Z
W is for WALLET Types: Know the Difference
A "wallet" holds your keys, not the coins themselves. It's crucial to know the two main types: Hot Wallets (connected to the internet, like phone or browser extensions) are convenient for frequent use but less secure. Cold Wallets (offline hardware devices) are for secure, long-term storage. Most experts recommend a hybrid approach: keep a small "spending" amount in a hot wallet and the majority of your savings in a cold wallet. Using the right tool for the right job is fundamental.