Cryptocurrency which is our digital currency, we can save it in two types of wallet and keep it in hot wallet and cold wallet.Today we will see that cold wallet is better to save cryptocurrency or hot wallet, which of these two wallets is the best, I will tell you.wallet is used for store of bitcoin and other currencies. wallet are used for send and receive of bitcoin and other different currencies.

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What is hot wallet ?

Hot Wallet is called such a wallet which is an online wallet, in which you can store your cryptocurrency and in addition to storing it, you can also do your trading etc. Coinbase and binance offers people that you can create your free account by visiting them and also after you complete your KYC you can buy and sell here and start your trading It provides a great free.Whenever you put your cryptocurrency in any exchanger wallet, you should be aware that your currency can be cyber attack and different type of security attacks.Hot Wallet is working 365 days similarly you can transfer your funds any time any place or you can transfer your funds to any other place if you want where you are not feel secure So you can transfer your funds anywhere at any time.And you should also keep this thing in your mims that you can lose your funds overnight if there are cyber attacks on it, you can hack your account and remove your funds overnight.The chances of different attacks are very less but still you should always keep yourself ready for this thing.

Types of hot wallet

Blockchain.info is the oldest wallet two which was launched in 2011 and it is a very good wallet a lot of people use it.In this hot wallet we can store of bitcoins and different types of cryptocurrencies.

Exodus

Exodus is a great wallet, in this we can store different cryptocurrencies in small amount, in this bitcoin lite coin and ethereum ad others.

Ethereum wallet.

Ethereum is a very good wallet, in this you can store different floating cryptocurrencies and the provides you the best security that and you also have the facility of recovery password, apart from this it has this one but you store you can avoid many cyber-attacks etc.

Cold wallet.

cold wallet is a very good wallet to store cryptocurrencies, here you get a lot of security on the cryptocurrencies you store and the funds you have here are very secure. cold wallet is offline wallet so cyber attacks and hackers have very low access.In cold wallet, you can store your cryptocurrency for a long time without any tension and the cyber-attacks and hackers rare here.Here you can very much trust your wallet and here you can use it as your bank by combining and doing whatever you want. Gold Wallet is your own bank.You are responsible for all the securities of the cold wallet because all the items of the security let are with you and you have till keys, you can transfer your funds to any other place using this keys whenever you want.

Types of cold wallet.

Paper wallet.

Paper Wallet is a kind of wallet on which your address is printed and it is strong in physical appearance with you and the cyber-attacks and hackers attacks there is very little. it is printed on a paper of yours.Where paper wallet has many advantages, there are many disadvantages to it, if you have your paper wallet on which your keys are printed, if it is lost, then you can lose your wallet so that you can keep your wallet in your wallet.

Hardware wallet

Hardware wallet is Better than paper wallet and in this you can stor your cryptocurrencies for a long time and very easily and in this the fear of losing it is also very less and here You can easily transfer your funds from one place to another. In the hardware wallet, you can easily store your things in your USB etc. trzor is one of the most reliable wallet of hardware wallet.

ReGards @rasheedkamboh.