Hot Wallet
WalletsUpdated: October 15, 2025
Also known as: Online Wallet, Software Wallet
A cryptocurrency wallet connected to the internet, offering convenience but less security
A cryptocurrency wallet connected to the internet, offering convenience but less security.
Hot wallets include mobile apps, desktop software, and web-based wallets that provide easy access to funds for daily transactions. While convenient, they're more vulnerable to hacking than cold storage solutions.
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