As a cryptocurrency holder, it's crucial to know the common security risks and follow some tested tips on how to keep your coins safe.
crypto wallets
There are two types of crypto wallets- the hot wallet and the cold wallet. The hot wallet is always connected to the internet, and best for traders, while the cold wallet is disconnected from the internet, but promises better security.
Cryptocurrency exchanges work like the stock market, where you can buy and sell digital currencies. There are two kinds of orders in crypto exchanges- the market and limit orders.
Crypto wallets keep your private keys or passwords that give you access to your coins. These wallets can be custodial or non-custodial crypto wallets.