What do you mean the wallet is cold? Recently, virtual currency is very popular, and many small partners have begun to pay attention to the currency circle. Some friends found the word "cold wallet" when looking at their wallets. Many friends want to know what this means, so let's take a look with Bian Xiao.

What do you mean the wallet is cold?

Cold wallet is a kind of wallet that stores encrypted currency offline. For example, the wallet file generated on ETHMM wallet website is encrypted with password, private key and mnemonic, and stored offline. You can store it on a USB flash drive or a mobile phone. The biggest advantage of cold wallet is that digital currency has the highest security.