I am wondering if Rainbow is considered a hot wallet. I know there are different types of wallets, but I am specifically interested in Rainbow and whether it falls under the category of a hot wallet.
5 answers
KatanaBlade
Sat Nov 02 2024
These keys represent ownership of digital assets on a blockchain.
Elena
Sat Nov 02 2024
MetaMask, Rainbow, Rabby, and Phantom are examples of non-custodial hot wallets.
GinsengGlory
Sat Nov 02 2024
A digital wallet operates in a manner akin to a traditional physical wallet.
emma_carter_doctor
Sat Nov 02 2024
However, it does not store physical cash or cards.
Claudio
Sat Nov 02 2024
Instead, it holds cryptographic keys.