What is a cold wallet? A cold wallet is a cryptocurrency wallet that is not connected to the internet. With cold storage, the generation and storage of the private keys is done in an offline environment. Online environments are vulnerable to hackers, who therefore actively attack online crypto wallets. Most exchanges and brokers have a […]

What is a hot wallet? A hot wallet is a cryptocurrency wallet which is connected to the internet. With hot wallets it is possible to quickly send or receive crypto. Think of an exchange.  It should be possible for a user to quickly withdraw or deposit crypto. Hot wallets are often referred to exchanges, because […]

What is a cryptocurrency private key? A cryptocurrency private key is a secret string of characters used to spend cryptocurrency, for example Bitcoin. When someone generates a Bitcoin address for himself, he gets a public key and a private key. The public key is used to receive cryptocurrency, and can be shared with the outside […]

How to create a free cryptocurrency wallet? If you want to invest in cryptocurrency you often need your own wallet. With a wallet you can manage your cryptocurrency, like holding you crypto, but also withdrawing and depositing of crypto. Every cryptocurrency has its own wallet, if you send crypto to a wrong address/unsuitable wallet you […]

What is a cryptocurrency wallet? A cryptocurrency wallet is a digital wallet to manage your cryptocurrency. Just like you need an email address to manage your online communication, you need a cryptocurrency wallet to manage your crypto. A cryptocurrency wallet has two keys, a public and a private key. Your public key is also called […]