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What is a Cold Wallet.
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What is a Cold Wallet.
Most have recovery and backup options for a lost password, but not for a lost device. Unencrypted hot wallets are vulnerable to hacks because they are internet-enabled. This is an important detail, since it ensures your keys cannot be accessed remotely. Coinbase Wallet: Coinbase Wallet is a self-custodial crypto storage solution developed by crypto exchange Coinbase.
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