“What Is a Crypto Wallet? — Brought to you by OrangeBrickRoad.com.au, for everything in crypto.”
A crypto wallet is like your digital bank account — it’s where you safely store your coins. But not all wallets are the same.
Hot wallets are online and connected to the internet, like apps on your phone or computer. They’re convenient for quick trades and everyday use — but more exposed to hacks.
Cold wallets are offline, like USB devices or hardware wallets. Because they’re not connected, they’re much safer for long-term storage.
For beginners, the golden rule is simple: use a hot wallet for small, daily amounts, and a cold wallet to protect your serious investments.
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