What is the difference between hot and cold storage?

🔥Hot vs. ❄️Cold Storage!

Hot wallets are connected to the internet for quick access, making them convenient for frequent transactions. However, they're less secure since they're vulnerable to online threats. On the other hand, cold wallets are offline and safer for long-term storage. They're like digital safes, keeping your assets protected from hackers. So, depending on your needs, choose wisely between hot and cold storage options for your cryptocurrencies!

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