Cryptocurrency Wallets: Complete Guide to Hot and Cold Wallets
Introduction Cryptocurrency has completely transformed the way we think about money, payments, and investment. Since the launch of Bitcoin in 2009, millions of people worldwide have entered the digital asset ecosystem. One of the most important things that every investor, trader, or long-term holder must learn about is how to store cryptocurrencies safely . Unlike traditional bank accounts, where a bank takes care of your funds, cryptocurrency works on a decentralized network, which means you are your own bank . This freedom is powerful, but it also brings great responsibility. If you lose access to your wallet or private keys, your cryptocurrency may be gone forever. For this reason, understanding different types of cryptocurrency wallets, especially hot wallets and cold wallets , is essential for anyone serious about protecting their assets. In this guide, we will break down everything you need to know about cryptocurrency wallets, how they work, why they are important, and how ho...