Do you know that using a HOT WALLET is like having an umbilical cord?
First of all, a HOT WALLET is just the wallets, the apps actually...
We install them, we use them for everything. The most active people use it more than 100 times a week, from buying crypto assets to interacting with protocols, links, connecting on web3 platforms and others.
I want to emphasize something when talking about the umbilical cord, follow me closely.
When you use a mobile wallet, you interact with smart contracts, good or bad, you grant them permissions in your wallet before getting what you want...
How is this dangerous?
Although you have your private keys, it is not enough. They are directly connected to the Internet through the approvals you have previously granted to your protocols, and this can be dangerous for you if you interact with shady sites, you risk seeing your funds disappear from your wallets overnight. These approvals are like umbilical cords to cut.
Security advice🛡️:
Regularly use wallet disinfection tools like RevokeCash or De.fi... Just that can protect you very well. Or use tools like Pocket Universe that will send you warning notifications against dangerous smart contracts.
Cold wallets are somewhat like your piggy bank. It is a physical wallet that resembles a USB key... We can mention Trezor and Ledger as issuers of these wonders.
They offer you optimal security, allowing you to store your assets offline. When you use your hot wallets to buy the assets you want to hold, you can transfer them directly to the address of your cold wallet and they will be safe.
I hope the message has been received and you will decide to acquire cold wallets and use the security measures mentioned for hot wallets.