crypto:wallets
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| crypto:wallets [2025/12/25 02:34] – deathrequiem | crypto:wallets [2025/12/27 07:37] (current) – deathrequiem | ||
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| * **##Two Main Wallet Types: Hot vs. Cold##** | * **##Two Main Wallet Types: Hot vs. Cold##** | ||
| The most important choice you'll make is how " | The most important choice you'll make is how " | ||
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| + | For maximum security, it is best practice to store the majority of your assets in a cold wallet. While some users choose to distribute their holdings across multiple cold devices for added redundancy, this is ultimately a matter of personal preference. Limit your hot wallet to smaller balances intended for frequent trading and daily transactions. Think of your cold wallet as a long-term savings account and your hot wallet as the cash you carry in your physical pocket. | ||
| ^ Type ^ Connectivity ^ Pros ^ Cons^ | ^ Type ^ Connectivity ^ Pros ^ Cons^ | ||
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| * **Seed Phrase (Recovery Phrase)**: A human-readable version of your private key. If your phone or hardware wallet breaks, you enter these words into a new device to recover everything. | * **Seed Phrase (Recovery Phrase)**: A human-readable version of your private key. If your phone or hardware wallet breaks, you enter these words into a new device to recover everything. | ||
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| - | * **##Top Hot Wallets## | + | |
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crypto/wallets.1766630070.txt.gz · Last modified: by deathrequiem