Cold Wallet/Storage makes your crypto account immune to hackers.

Let me start first by defining what cold wallet/storage means, Cold Wallet is an offline digital wallet, where you can store your cryptocurrencies without being scared of your portfolio or account getting hackers, as that has become a norm these days, news about crypto exchanges getting hacked and millons of dollars being lost in the process has become so rampant.

Cold Wallet

The fact that Cold Wallet/Storage is offline it makes it the Safest platform to save or store our crypto, because is not vulnerable so all from of cyber hacks or attack and prevent unauthorized access to your account, which gives you totally control over your Bitcoin and Altcoins wallet.

Before I go too far on cold wallet/storage there is something called Hot Wallet, which is our regular/normal crypto wallets that are store online, which most of us use such as Binance wallet, kuCoin wallet, Bitmart wallet, Trustwallet, Bybit wallet just to mention a few, which no matter how high the level of security is to prevent and protect our portfolio's it's still hackable, but as Hot is vulnerable to online hackers threat, the cold wallet or storage is vulnerable to physical threat's.

_{Most Popular Cold Wallet}

The cold Wallet/Storage is a hardware wallet just like a USB or Hard Drive, which when you want to make a transaction you just have to plug it into a computer and make your cryptocurrency transfer, it's safer and harder to damage, but you have to store it in a secure location, preferably out the reach of children.

Most of the large exchanges, crypto companies and brokers have a huge or larger part of their cryptocurrency holding's in a hardware wallet or Cold Wallet, the generation and storing of our private keys is done offline, the main goal of cold wallet is to store your cryptocurrency for a long time but there is a little disadvantage of using Cold Wallet, it doesn't support all coins for now.

and also remember it's not free but highly recommend able to prevent your crypto portfolio from being hacked.

Thanks guys for reading, do have a lovely day ahead😊🖐🏼

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