What is a cold wallet?

3 years ago

Cold wallets, then again, have no association with the Internet. Rather, they utilize a physical medium to store the keys disconnected, making them impervious to web based hacking endeavors. Thusly, cool wallets will in general be an a lot more secure option of “putting away” your coins. This technique is otherwise called cold stockpiling and is especially appropriate for long haul speculators or “HODLers.”