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Wallets & keys · Lesson 3 of 3

Hot vs cold wallets

4 min read · Basic · Free

A hot wallet is an app connected to the internet. Great for small, everyday amounts.

A cold wallet, usually a small hardware device, keeps your keys offline, so hackers can't reach them online.

Rule of thumb: keep only what you'd carry in a real wallet in a hot wallet, and the rest in cold storage.

Key points

  • Hot = online, convenient
  • Cold = offline, safer
  • Big amounts belong in cold storage

Education only, not financial advice. Crypto is risky — only use money you can afford to lose, and check it’s legal where you live.

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