Hot wallet
Diana Paul avatar
Written by Diana Paul
Updated over a week ago

A hot wallet refers to any cryptocurrency wallet that’s connected to the internet. Generally, hot wallets are easier to set up and access than cold wallets. You just need a good internet connection to do so. However, hot wallets are also susceptible to hackers and technical vulnerabilities. Most crypto platforms like CEX.IO use both hot wallets and cold storage, which makes crypto trading easier and more efficient.

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