Cryptocurrency Q&A
Is Coinbase Wallet a hot wallet?
Is Coinbase Wallet a hot wallet?
SolitudeNebula
Sat Nov 30 2024
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5 answers
1042
I am trying to understand whether Coinbase Wallet falls under the category of a hot wallet. I want to know if it is connected to the internet and whether it is considered secure for storing cryptocurrencies.
5 answers
Daniele
Mon Dec 02 2024
A hot wallet allows for easy access to funds and quick transactions.
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SeoulSerenitySeekerPeaceLover
Mon Dec 02 2024
For customers who prefer a more secure option, Coinbase also provides custodial cold storage.
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MysticStar
Mon Dec 02 2024
Cold storage involves keeping cryptographic keys offline, reducing the risk of theft.
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JejuJoy
Mon Dec 02 2024
Coinbase provides different wallet options depending on user preferences.
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Michele
Mon Dec 02 2024
For those seeking convenience, Coinbase offers a hot wallet service.
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