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What is cold storage in crypto?

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Cold storage in cryptocurrency refers to storing digital assets offline in order to reduce the risk of hacking and unauthorized access. This can be done by keeping the private keys of the cryptocurrency in hardware wallets, paper wallets, or other offline storage methods. Cold storage is considered to be more secure compared to hot storage (online storage) because it is not connected to the internet, making it less vulnerable to cyber attacks.
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Cold storage in crypto refers to storing your cryptocurrency assets offline, typically on a hardware wallet or a paper wallet. This method keeps your cryptocurrency safe from hacking and cyber attacks that are common with online storage options. Cold storage is considered a more secure way to store your crypto assets long-term.
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