CRYPTO GLOSSARY · SECURITY

What is Hot Wallet?

Internet-connected cryptocurrency wallet.

📖 Full Definition

A hot wallet is a cryptocurrency wallet that is connected to the internet, making it convenient for daily transactions but more vulnerable to hacks. Examples include mobile wallets, exchange wallets, and browser extensions.

💡 Example

MetaMask, Trust Wallet, and exchange accounts are common hot wallets.

🔗 Related Terms

Cold Storage

Offline cryptocurrency storage for security.

Wallet

Software or device that stores cryptocurrency.

🔮 Ready to Apply This Knowledge?

See AI-powered predictions for top cryptocurrencies, updated daily.

View Predictions →More Terms