We use cold wallet technology.
While the funds in cold wallets are far less liquid, they’re far more secure because they’re not connected to the internet.
Cold Wallets:
These wallets store cryptocurrency in places not connected to the internet, which can include a hard drive, USB stick, paper wallet (keys printed on paper), or physical coins.
Think of the cold wallet like a savings account, or cold storage if you like. This is where to store large amounts of cryptocurrency more securely because it’s not connected to the internet.
Hot Wallets:
These wallets store cryptocurrency on internet-connected devices—often a smartphone, but also on computers and tablets—all of which allow the holder to access and make transactions quickly.
Think of a hot wallet as a checking account, where you keep a smaller amount of money available for day-to-day spending, yet less securely than a cold wallet because it’s online.