hot wallet

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How do crypto hot wallets get hacked? — SECURITY SERIES

13 Sep 2022 2 minute read 2 comments TheNiftyRevolution

        One of the reasons a lot of people have been hesitant to invest in cryptocurrency is because of the security risks. Hackers can steal cryptocurrency in a variety of ways, from stealing or guessing your password to hacking an exchange...

6 Best Wallets that Support KCC Network

19 Jul 2022 3 minute read 0 comments KuCoin Community Chain (KCC) Official

When investing in cryptocurrency, users need to use wallets as storage for saving their crypto assets. Crypto wallets are divided into two types: hot wallets and cold wallets.  A cold wallet is a specially built hardware device that is not connected...

How to Receive Mining Payments to My Wallet

14 Jan 2022 1 minute read 2 comments Notum DeFi App

If you mine some coins (or are about to do that) and want to have them transacted directly to your wallet, you are at the right place. Once you have a SimpleHold wallet for managing your cryptocurrency holdings, you have to know some essentials to ma...

Top 5 Hot Wallets for storing your digital assets in 2020!

8 Jun 2020 2 minute read 0 comments geraldst

Let me begin by stating what a hot wallet is. Hot wallets are Bitcoin wallets that run on internet connected devices like a computer, mobile phone, or tablet. It allows a cryptocurrency owner to receive and send tokens. Hot wallets generate private...

Hot Wallets vs Cold Wallets: How Your Money Is Stored Safely On MintDice

12 Oct 2019 4 minute read 4 comments MintDice.com

Service Wallets When it comes to cryptocurrency service providers, there are two major ways that crypto wallets that are used, each with the slang term “Hot Wallet” and “Cold Wallet”. But what are hot wallets and cold wallets? Put simply, cold wallet...