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 actively target cryptocurrency. Most exchanges and brokers have a large part of […]

What is a hot wallet? A hot wallet is a cryptocurrency wallet that is connected to the internet. With hot wallets, it is possible to quickly send or receive crypto. Think of an exchange. It needs to be quick and easy for a user to withdraw or deposit crypto. Hot wallets are often associated with […]

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 themselves, they receive 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 […]