What is the difference between a hot and cold wallet when using Trust Wallet Token?
A hot wallet is a type of cryptocurrency wallet that is connected to the internet and allows users to store, send, and receive digital assets.
Hot wallets are typically easier to use than cold wallets, but they are also more vulnerable to security threats such as hacking and malware. A cold wallet is a type of cryptocurrency wallet that is not connected to the internet and allows users to store digital assets offline. Cold wallets are typically more secure than hot wallets because they are not exposed to the same security threats as hot wallets.
However, they can be more difficult to use because they require manual setup and maintenance. When using Trust Wallet Token, both hot and cold wallets can be used for storing tokens. Hot wallets provide users with easy access to their tokens but come with the risk of being hacked or compromised.
Cold wallets provide users with greater security but require manual setup and maintenance.
