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Crypto
Hot Wallet
An online crypto wallet connected to the internet for quick and easy transactions.
Hot wallets are great for daily use because they're fast and simple. But because they're connected to the internet, they're more vulnerable to hacks. Most people keep only small amounts in hot wallets.It's like keeping cash in your everyday pocket — super convenient for spending but riskier if someone tries to steal it.
Real world: You use a phone app like MetaMask or Trust Wallet to quickly swap tokens or pay for something online.
💡 Use a hot wallet for spending money, but move the rest to a hardware wallet for safety.