Step 1
Core concept
A wallet stores keys, not coins: it's your access to funds.
- Hot wallet = online, convenient for daily use.
- Cold wallet = offline, safer for long-term storage.
Key takeaway
Understand the mechanism before taking action.
Wallets: hot, cold, custodial
Know where keys are stored and why that matters.
Step 2
Practical view
Custodial = a third party holds the keys (e.g., a CEX).
- Simple rule: small amount in hot, large amount in cold.
Key takeaway
Practice matters, but verification comes first.
Mission
Mission: choose a wallet
Install a non-custodial wallet (e.g., Phantom) and write your seed phrase offline.
See walletsQuiz
Question 1/4
Easy
What's the real difference between hot and cold wallets?
Module progress
Validate all quizzes to continue.