What is a hot wallet

Hot wallet is another type of blockchain wallets. Compared with cold wallets, it is also known as an online wallet. Due to its internet connection, the operation may be disturbed by some unsafe factors such as viruses or scripts, which will put assets at risk. Therefore, the security is lower than cold wallets, but it is more convenient.

When using the hot wallet, you must pay attention to the access and authorization of some three-party links, because malicious links will cheat the user's authorization and lead to the loss of assets, and reading and mastering the common scam cases is very helpful for the security of assets.