New to cryptocurrencies? Need a safe place to store your crypto assets?
Here are the Best Hot Wallets of 2022.
Adhering to the “Not Your Keys, Not Your Crypto” philosophy by keeping your cryptocurrencies in a private wallet to which only you hold access has been a core component of the Serious Crypto Owner 101 user manual after the Mt. Gox collapse in 2014. While leading exchanges like Binance and FTX have greatly bolstered up their defenses (and insurance policies), the only question for some serious HODLers is still: hot wallet or cold wallet?
Hot wallets are essentially online software used to store and trade your crypto assets, while cold wallets are dedicated offline storage devices that do the same without ever connecting your private key or recovery seed to the internet.
Also known as hardware wallets, cold wallets have made massive strides in recent years in terms of user-friendliness and features, but for pure convenience and speed of use, hot wallets are still favored by the crypto masses. It also helps of course that they are almost always free.
On today's CoinMarketCap episode we take a look at the best hot wallets to use for 2022, and important points to consider.
1:24 - What Are Hot, Cold and Non-custodial Wallets?
02:56 - The Best Hot Wallets in 2022
03:25 - MetaMask
05:15 - Tips for Using MetaMask
05:45 - Trust Wallet
07:04 - Tips for Using Trust Wallet
07:27 - Phantom Wallet
08:32 - Tips for Using Phantom
09:06 - Coinbase Wallet
10:17 - Tips for Using Coinbase Wallet
10:38 - Nova Wallet
11:48 - Tips for Using Nova Wallet
12:24 - Honorable Mentions
12:36 - The Advantages of Using a Hot Wallet
🔔 From crypto news, to market moves, and to educational how to videos. If you want something more than just hype and to actually learn about crypto, make sure to hit the subscribe button right now and turn on notifications to not miss out on new videos!
🔵 Coin Market Cap is the world's most-referenced price-tracking website for cryptoassets in the rapidly growing cryptocurrency space. Its mission is to make crypto accessible all around the world through data and content.
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Here are the Best Hot Wallets of 2022.
Adhering to the “Not Your Keys, Not Your Crypto” philosophy by keeping your cryptocurrencies in a private wallet to which only you hold access has been a core component of the Serious Crypto Owner 101 user manual after the Mt. Gox collapse in 2014. While leading exchanges like Binance and FTX have greatly bolstered up their defenses (and insurance policies), the only question for some serious HODLers is still: hot wallet or cold wallet?
Hot wallets are essentially online software used to store and trade your crypto assets, while cold wallets are dedicated offline storage devices that do the same without ever connecting your private key or recovery seed to the internet.
Also known as hardware wallets, cold wallets have made massive strides in recent years in terms of user-friendliness and features, but for pure convenience and speed of use, hot wallets are still favored by the crypto masses. It also helps of course that they are almost always free.
On today's CoinMarketCap episode we take a look at the best hot wallets to use for 2022, and important points to consider.
1:24 - What Are Hot, Cold and Non-custodial Wallets?
02:56 - The Best Hot Wallets in 2022
03:25 - MetaMask
05:15 - Tips for Using MetaMask
05:45 - Trust Wallet
07:04 - Tips for Using Trust Wallet
07:27 - Phantom Wallet
08:32 - Tips for Using Phantom
09:06 - Coinbase Wallet
10:17 - Tips for Using Coinbase Wallet
10:38 - Nova Wallet
11:48 - Tips for Using Nova Wallet
12:24 - Honorable Mentions
12:36 - The Advantages of Using a Hot Wallet
🔔 From crypto news, to market moves, and to educational how to videos. If you want something more than just hype and to actually learn about crypto, make sure to hit the subscribe button right now and turn on notifications to not miss out on new videos!
🔵 Coin Market Cap is the world's most-referenced price-tracking website for cryptoassets in the rapidly growing cryptocurrency space. Its mission is to make crypto accessible all around the world through data and content.
📲 Download our app!
IOS : https://apple.co/3dOkokH
Android : https://bit.ly/3gHyJkS
🤝 Join CoinMarketCap!
https://bit.ly/3dVaEoS
Follow CoinMarketCap on social!
https://twitter.com/CoinMarketCap
https://www.facebook.com/CoinMarketCap
https://www.instagram.com/CoinMarketCap
https://reddit.com/r/CoinMarketCap
https://t.me/CoinMarketCap
📩 Subscribe to our Newsletter!
https://coinmarketcap.com/newsletter/