Cold Wallet / Hot Wallet
Cold Wallet / Hot Wallet
Yall talking about “not your keys not your coin” but so many people lost there cold wallets. I dont care if they are not my keys, I like to have my Coins via banks because they are secured there.
With cold wallets you always be scared that someone steals it or losing it.
Myat Kelly Answered question February 17, 2025
That’s fair, but keeping crypto in a bank or exchange means you’re trusting a third party with your funds, something crypto was designed to avoid.
A good cold wallet, like the Cypherrock hardware wallet, eliminates the single point of failure by splitting your private key into multiple secure parts.
Myat Kelly Answered question February 17, 2025