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| crypto:wallets [2025/12/25 02:46] – deathrequiem | crypto:wallets [2025/12/27 07:37] (current) – deathrequiem |
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| The most important choice you'll make is how "connected" your wallet is to the internet. | The most important choice you'll make is how "connected" your wallet is to the internet. |
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| A general rule of thumb is to keep the bulk of your funds stored in a Cold Wallet. Some users opt to use multiple cold wallets for extra added security, but this is personal preference. Use your Hot Wallet to keep low amounts of your crypto funds for trading, and in general smaller transaction amounts. A good way to think about it is your Cold Wallet is your main bank account, and your hot wallet is the funds you keep on you in your pocket. | 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. |
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| ^ Type ^ Connectivity ^ Pros ^ Cons^ | ^ Type ^ Connectivity ^ Pros ^ Cons^ |
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| * **##Recommended Cold Wallet##** | * **##Recommended Cold Wallet##** |
| * [[https://shop.ledger.com/?r=c2f9874baed8|Ledger Hardware Wallet]] | * [[https://shop.ledger.com/?r=c2f9874baed8|Ledger Hardware Wallet]] (Affiliate Link) |
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| * **##Recommended Hot Wallets##** | * **##Recommended Hot Wallets##** |
| * **Bitcoin (BTC):** | * **Bitcoin (BTC):** |
| * Wallet: [[https://links.speed.app/referral?referral_code=4FSFUL|Speed Wallet]] | * Wallet: [[https://links.speed.app/referral?referral_code=4FSFUL|Speed Wallet]] (Affiliate Link) |
| * **WAX (WAXP):** | * **WAX (WAXP):** |
| * Wallet: [[https://www.mycloudwallet.com|MyCloudWallet]] | * Wallet: [[https://www.mycloudwallet.com|MyCloudWallet]] |