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Why offline wallet is the safest
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[QUOTE="Mika, post: 229647, member: 29399"] Hot wallets are the wallets that are connected to the internet, cold wallets are the wallets that are not connected to the internet. Some of the examples of hot wallets are coinbase wallets, Binance wallets, trust wallets, etc. some of the examples of cold wallets are Trezor and Ledger. Private keys on hot wallets are stored in the cloud, therefore, the transfer process is quick. The private keys in cold wallets are stored on hardware that is not connected to the internet, therefore transfer takes time. Cold wallets are basically offline wallets because they are not connected to the internet. You need to connect to the internet only when you have to transfer your assets. Since these wallets are not connected to the internet, they cannot be easily hacked. However, cold wallets are susceptible to damage or loss. If you lose your hardware, you will lose your entire finds. I find desktop wallet better than hardware wallet (cold wallet) on web or app based wallet (hot wallet). You will have to download and install the wallet on your device (computer). Desktop wallet allows you to own your own keys. Even when someone gets access to your computer, your wallet can not be hacked because you will be stringing the security keys separately. [/QUOTE]
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Why offline wallet is the safest
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