Cryptocurrency Hot wallets vs Cold Wallets

Stakingbits
4 min readDec 29, 2021

A cryptocurrency wallet is a tool that allows you to interact with the blockchain. It does this by helping you create and manage a pair of private-public keys that allow you to sign transactions and hence, do activities like transfer assets, exchange between cryptocurrencies and earn interest.

Cryptocurrency wallets come in two primary form:

  • A hot wallet

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