Hot Wallet
Hot Wallet related articles on BTCC. Hot wallets can also be called software wallets. It is a form of digital storage that you can access on your computer or mobile phone, connected to the internet. Due to the internet connection, hot wallets are not as safe from hackers as cold wallets. In addition to letting you keep your cryptocurrencies on exchanges, some exchanges offer a separate hot wallet.
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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
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