Cold Wallet

A cryptocurrency wallet linked to a cold storage. A cold wallet is an offline wallet used to securely store cryptocurrencies by keeping them disconnected from the internet. This makes it highly resistant to cyber hacks, phishing attempts, or other online threats. Cold wallets are an essential tool for long-term holders and those looking to protect significant amounts of cryptocurrency from unauthorised access. Cold wallets provide maximum security, but users must ensure proper backup and safekeeping, as losing the wallet or private keys could result in permanent loss of funds.