Bitcoin and hot wallets!

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There are many wallets out there to choose from in order to use bitcoin.

There are software wallets and hardware wallets.

Software wallets are considered less safe than hardware wallets for storing your coins.

If you have large amounts of crypto it is recommended to keep them in hardware wallets which also is called cold storage.

If you use your crypto daily for transaction you have to have software wallets in order to perform these transactions.

Those wallet are called hot wallets and must contain small fractions of portfolio if you don't want to lose your crypto from a hack or something similar.

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Bitcoin and hot wallets! | Ecency