Guide to the Safest Crypto Wallets: 2025 Edition
What is a hot wallet vs a cold wallet?
When storing cryptocurrencies, it’s crucial to understand two main types of wallets and how they differ in terms of convenience and security.
- A hot wallet is a software-based wallet connected to the internet (mobile app, desktop software, web wallet). Because it’s online it’s easy to access and transact, but also more exposed to hacks, malware and other online risks.
- A cold wallet keeps your private keys offline (hardware device, paper wallet, air-gapped device) and is therefore much more resistant to online attack vectors. The trade-off is less convenience and often a purchase cost.
- Many experts recommend a hybrid approach: use a hot wallet for small and frequent transactions, and a cold…
