Viewing a response to: @musing-threads/pk48jwrsw
<a href="https://musing.io/q/amar15/pkcmewrsq"><b>View this question on Musing.io</b></a>
author | amar15 |
---|---|
permlink | pkcmewrsq |
category | musing-threads |
json_metadata | "{"app":"musing/1.1","appTags":["crypto","cryptocurrency","money","life",""],"appCategory":"crypto","appTitle":"What is the difference between Cold Wallet & Hot Wallet?","appBody":"Hi there, \nI have heard this term many times in news article but I don't have any clear idea about it. It would be very helpful if you can explain both the term in details.\nThank you :-)","appDepth":1,"musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"question"}" |
created | 2019-01-09 12:54:42 |
last_update | 2019-01-09 12:54:42 |
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<a href="https://musing.io/q/amar15/pkcmewrsq">View this answer on Musing.io</a>
author | cryptoandcoffee |
---|---|
permlink | fky32r6aq |
category | musing-threads |
json_metadata | "{"app":"musing/1.1","appTags":["crypto","cryptocurrency","money","life",""],"appCategory":"crypto","appTitle":"What is the difference between Cold Wallet & Hot Wallet?","appBody":"<p>It is quite easy to tell what a hot and cold wallet is. Think of it this way a hot wallet is always live and is connected via the internet. If you have funds in an exchange it will be on a hot wallet. Hot wallets can be hacked and it is advisable to move them to a cold wallet.</p>\n<p>A cold wallet is a wallet that holds your crypto coins but isn't connected to the internet. This is the most secure way of storing your currency and can't be hacked.</p>\n<p>Just remember, hot wallet is live and cold wallet is dead or not live lol.</p>","appDepth":2,"appParentPermlink":"pkcmewrsq","appParentAuthor":"amar15","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
created | 2019-01-09 15:13:12 |
last_update | 2019-01-09 15:13:12 |
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---|---|---|---|---|---|
bulimbabitch | 0 | 397,976,971 | 4.29% | ||
foles09 | 0 | 1,773,028,448 | 5% | ||
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<a href="https://musing.io/q/amar15/pkcmewrsq">View this answer on Musing.io</a>
author | libert |
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permlink | fkcetpraq |
category | musing-threads |
json_metadata | "{"app":"musing/1.1","appTags":["crypto","cryptocurrency","money","life",""],"appCategory":"crypto","appTitle":"What is the difference between Cold Wallet & Hot Wallet?","appBody":"<p>Hot wallet — a wallet which is connected to Internet. </p><p>Cold wallet — a wallet which is not connected to Internet. </p><p>They are both designed for different purposes. </p><p>As cold wallet is not connected to Internet, so it's safe from online threats, and as such cold wallets are used to hold big amounts of crypto assets. </p><p>Cold wallet examples, Hardware wallets like ledger Nano S, KeepKey, Trezor, etc. Paper wallet where you write your private key on paper. </p><p>While hot wallets are used where you have to move your funds frequently. </p><p>Exchange wallets are typically hot wallet so it's advisable to not hold much funds there. </p><p>Hope it helps! </p>","appDepth":2,"appParentPermlink":"pkcmewrsq","appParentAuthor":"amar15","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
created | 2019-01-09 13:42:48 |
last_update | 2019-01-09 13:42:48 |
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