Questions tagged [hot wallet]

benjamin_brown_entrepreneur Wed Dec 18 2024 | 7 answers 1712

I'm wondering if Binance can be considered as a hot wallet. I know that hot wallets are connected to the internet, which makes them more vulnerable to attacks, but they also provide easier access to funds. Since Binance is an online platform for cryptocurrency trading, I'm curious if it falls under the category of a hot wallet.

BitcoinBaroness Tue Dec 17 2024 | 6 answers 1341

I'm trying to decide between using a hot wallet and a cold wallet for my cryptocurrencies. I want to know which one is more secure and suitable for my needs.

ZenFlow Mon Dec 16 2024 | 7 answers 1615

I'm trying to figure out if Kraken is considered a hot wallet. I've heard about different types of wallets and I want to make sure I understand the difference, especially when it comes to security.

Leonardo Fri Dec 13 2024 | 5 answers 1034

I'm looking for the safest option among hot wallets for storing and managing my cryptocurrencies. I understand that hot wallets are connected to the internet, which may pose certain security risks, but I need one that provides the best security features to protect my assets.

EthereumEmpireGuard Mon Dec 09 2024 | 6 answers 833

I'm concerned about the security of my hot wallet. I've heard that they can be vulnerable to hacks. Is it true that a hot wallet can be hacked and my funds stolen? How can I protect myself?