Cold wallets and hot wallets in three sentences:
A cold wallet can also initiate transfers: the transaction is signed on an offline device, then sent to an online device to be broadcast.
Cold wallets mainly protect against online theft; they can't prevent users from confirming a problematic transaction or authorization themselves.
Before signing with a cold wallet, carefully check the recipient address and amount shown on the device screen, item by item.
$BTC 76702.9(-0.22%)
#BTC
A cold wallet can also initiate transfers: the transaction is signed on an offline device, then sent to an online device to be broadcast.
Cold wallets mainly protect against online theft; they can't prevent users from confirming a problematic transaction or authorization themselves.
Before signing with a cold wallet, carefully check the recipient address and amount shown on the device screen, item by item.
$BTC 76702.9(-0.22%)
#BTC