Anonymous
What are some hot wallets to store crypto?
I'm looking to store my crypto in a hot wallet, please recommend some reliable ones! Thank you!!
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Michael Wong
16 Feb 2021
Seedly Student Ambassador 2020/21 at Seedly
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Physical wallet: LedgerX
https://www.amazon.com/Ledger-Nano-Cryptocurren...
Currently sold out.
Online Wallet: Coinhako, binance.sg.
Coin specific wallets; for example if you hold cardano ada, you can use yoroi or daedalus wallet.
There are so many options but you would need to decide what kind of wallet you want and why. Cuz like if you store on the physical wallet it's your crypto but if you want to sell it, you would incur withdrawal/deposit fees depending. Online platform wallets are susceptible to potential hacks and you may lose the crypto. Coin specific wallets are coin specific. But that's the general idea.