What is a Crypto Exchange Wallet & How Does it Works?

Edmundrauscher93@15 Dec, 2021Business

To buy, sell, and trade you need a crypto exchange wallet that holds your crypto assets. Read our blog to understand what a crypto wallet is and how it works? Both cold and hot wallets serve the same purpose of storing crypto assets for users. The only difference between the two is that a hot crypto wallet is connected to the internet. This aspect of hot wallets comes as a vulnerability and quality attribute at the same time. As it may leave your assets vulnerable to hackers but on the same time, they facilitate faster trades.