cold wallets
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Survey: 80% of investors store cryptocurrency in hot wallets
According to a report by CoinGecko, eight out of ten crypto investors store their digital assets in hot wallets. Seven out of ten respondents said they store assets on centralized exchanges, while another three out of ten respondents said they use cold wallets. Most cryptocurrency holders still rely on centralized exchanges for accessing, buying, and selling cryptocurrency, so they place convenience above security. Interpretation of this information: The report by CoinGecko highlights the trend of crypto investors storing their digital assets in hot wallets instead of cold wallets. Hot wallets…
