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hot wallet

hot wallet

BitLift
BitLift

A software wallet which creates, holds and utilizes private keys on hardware connected to the internet. Hot wallets are considered higher risk than cold storage or hardware wallets since they are more susceptible to hacks. MetaMask is a popular hot wallet which can also be used as an interface for a hardware wallet.

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Not financial or tax advice! BitLift content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Talk to a licensed professional. Do your own research. Disclosure: BitLift team members hodl crypto assets and some of the links on this site may pay us a commission. See our legal disclosures.

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