Hot Wallet vs Cold Wallet

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Simply put there are wallets for holding your everyday spending money (hot wallets) and there are wallets for your long term savings (hardware wallets). There are even several types of both hot and hardware wallets.

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A hardware wallet is a physical electronic device, built for the sole purpose of securing crypto coins.

Hot wallets are wallets that run on internet connected devices like a computer, mobile phone, or tablet.




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Crypto Wallets
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