Cold Wallet Explained
A cold wallet is an encrypted device that is not connected to the internet. It allows us to store our Bitcoin and cryptos safely and securely offline and protected. Because these devices are not connected to the internet, it makes them incredibly quite difficult to hack.
These are sometimes called hardware wallets. Cold wallet or cold storage is the best way to store your cryptos long term.
Cold hardware wallets are the most secure types of crypto wallets and practically the best type of crypto wallet to store Bitcoin and other crypto coins and tokens. Cold storage wallets store your crypto on the blockchain via physical devices like a USB stick or flash drive.
Examples of some cold wallets are Ledger Nano X, Ledger Nano S Plus, Trezor Model T, paper wallet