Which wallet type is better: Cold or Hot? What is a major difference between a cold wallet and a hot wallet? What crypto wallet do you use?
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15-02-2020, 01:06 PM #1
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Which wallet type is better: cold or hot?
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16-02-2020, 02:51 PM #2
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Cold wallet is an external drive on which you store your cryptocurrency. If you lose it or damage it, then you will lose your cryptocurrency. A hot wallet is an online crypto wallet. I like them more, although cryptocurrency storage is always associated with some risks. I use a hot wallet for ETH, here https://oldetherwallet.com/on this site you can find out more about it. I believe that this is very convenient when you have access to your wallet from any gadget. Also, hot wallets have a good level of security, especially those that don't store client keys on their servers.
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