What is a hot wallet?

Hot Wallet，Corresponding to cold wallets, also known as online wallets orOnline Wallet，One of the types of blockchain wallets. Due to its online nature, during operation, it may be interfered by some unsafe factors such as viruses or scripts, resulting in assets being at risk. Therefore, its security is lower than that of cold wallets, but it is more convenient than cold wallets.

In the process of using a hot wallet, it is necessary to pay attention to the access and authorization of some three-party links, because malicious links can directly lead to the loss of assets after defrauding users' authorization. Therefore, it is very helpful to read and master the common fraud cases for the safety of assets.