Hot Wallet

A hot wallet is a type of Bitcoin wallet that stays connected to the internet, making it easy to use for everyday transactions or quick access to your funds. While hot wallets are convenient, they’re more vulnerable to hacks, phishing, and malware compared to offline options like cold wallets. Because of this risk, it’s best to use hot wallets only for small amounts or frequent payments, and store larger bitcoin holdings in wallets that remain offline whenever possible.