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发表于 2022-7-10 22:53:40
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Cold wallet is an offline wallet, basically you are being your own bank and storing your private keys with you personally. Not in an exchange. I am assuming you are using Nicehash wallet ATM, which means they own your private key. If they get hack or go under or whatever, your bitcoins are at their mercy.
Most common cold wallet are Ledger and Trezor, it basically a USB key that store your private keys and is encrypted with a seed phrase. DO NOT give anyone your seed phrase EVER, no matter what!!! Its basically your encryption key, once you give it out the person can clean your wallet.
There is saying in crypto, Not your keys, not your coins. Meaning if you do not have your private keys, its technically not your coins. Google cold crypto wallet to read up more, it's a broad topic. |
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