Cold Wallet
IntermediateA cold wallet is an offline cryptocurrency wallet used to store digital assets securely. Since it's not connected to the internet, it's protected from hacking or phishing. Common types of cold wallets include hardware wallets, paper wallets, and air-gapped devices. Cold wallets are usually used for long-term storage and are considered more secure than hot wallets, which are connected to the internet. While cold wallets offer greater protection, they are less convenient for frequent transactions and must be kept safe physically.
