hot or cold crypto wallet

Hot or cold wallet – the best way of storing cryptocurrencies

When speaking about the Bitcoin’s wallet, the key point to consider is its access to the Internet. This feature divides wallets into two categories: hot and cold wallets. It’s like the bank keeping some funds at the bank teller desk so customers could access it any time they want, while the rest of it kept in a vault. In other words, hot and cold wallets are security measures used by the exchange platforms to protect their customers’ funds. Read More “Hot or cold wallet – the best way of storing cryptocurrencies”