💼 Types of Wallets in the Crypto World

1️⃣ Hot Wallets

Connected to the internet, easy to use for daily trading, but less secure than cold wallets.

2️⃣ Cold Wallets

Not connected to the internet, ideal for long-term storage and protecting assets from hacking.

3️⃣ Hardware Wallets

Dedicated devices for storing cryptocurrencies, providing high security against attacks.

4️⃣ Paper Wallets

Your private keys printed on paper, secure if stored in a protected place.

5️⃣ Multi-Signature Wallets

Require more than one key to perform transactions, adding an extra layer of security.

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