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What is Hot Wallet?

Basics

핫 월렛

A wallet used while connected to the internet. It is convenient to use but constantly exposed to the risk of a breach. The usual practice is to keep only a small amount for frequent use and store the rest separately; dividing convenience and risk by amount is the practical approach.

Hot Walletstorage always connectedusable at once, but exposure comes with it

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Hot Wallet meaning — Trading glossary | MarketSurfer