Hot Wallet

A hot wallet is a tool that allow a cryptocurrency owner to receive and send tokens. Unlike traditional currencies, there are no dedicated bank or physical wallet that can be used to keep cryptocurrency holding secure. Cryptocurrency wallets are tools that are commonly used to stored and protect these holdings, and they come in many different form and varieties.

One of the most popular kinds of cryptocurrency wallets is called a hot wallet. The difference between a hot wallet and cold wallet is that hot wallets are connected to the internet ,while cold wallets are not.

This entry was posted in . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *