Hot wallets are cryptocurrency wallets that are connected to the internet. Various types are available to cryptocurrency owners. They are accessible via the web and on mobile and desktop applications. Hot wallets attract less experienced traders because of their ease of use. In addition, regular traders may opt to utilize hot wallets to make faster transactions. However, they are more vulnerable to cyberattacks than cold storage alternatives. To prevent hacking, safety features such as two-factor authentication are often employed. Q: What is a Hot Wallet? A: is a cryptocurrency wallet that is always connected to the internet and cryptocurrency network Knowledge provider：0xeddb693aaba0076ee0de3c822ae56d5c760e89b3 KNOW TO EARN is committed to building the world’s largest blockchain knowledge base and blockchain training academy. Through the interesting form of answering questions, more people can participate in the knowledge learning of the blockchain. You can see this knowledge now because there are a lot of people involved and contributing to the creation of blockchain knowledge. You can also be one of them and share up to 20% in bonuses. You dont need to spend any money, just use part of your spare time to participate in the creation of knowledge. Join our Telegram group to learn more. link: https://t.me/knowtoearn The content of Know to earn knowledge base is provided by users. If there is any infringement, please contact us to delete it as soon as possible. Original link：https://www.investopedia.com/terms/h/hot-wallet.asp#:~:text=A%20hot%20wallet%20is%20a%20wallet%20that%20is%20always%20connected,and%20act%20as%20security%20measures.