Wallets: hot, cold, custodial
Know where keys are stored and why that matters.
Step 1
A wallet stores keys, not coins: it's your access to funds.
Step 2
Hot wallet = online, convenient for daily use.
Step 3
Cold wallet = offline, safer for long-term storage.
Step 4
Custodial = a third party holds the keys (e.g., a CEX).
Step 5
Simple rule: small amount in hot, large amount in cold.
Mission
Mission: choose a wallet
Install a non-custodial wallet (e.g., Phantom) and write your seed phrase offline.
See walletsQuiz
Easy
What's the real difference between hot and cold wallets?
Quiz
MediumTrue/False
A wallet stores your private keys.
Quiz
Medium
Which setup is safer for long-term storage?
Quiz
Hard
What is a custodial wallet?
Module progress
Validate all quizzes to continue.