I'm considering using crypto.com for storing my cryptocurrencies, but I'm not sure if it's a cold wallet. Can someone clarify if crypto.com offers cold storage services or if it's just a hot wallet?
6
answers
CryptoPioneer
Mon Feb 24 2025
Reputable cryptocurrency exchanges prioritize the safety of users' tokens by implementing additional security measures.
Valentino
Mon Feb 24 2025
The Crypto.com App is an example of a custodial cryptocurrency wallet that adopts such security measures.
SeoulSerenitySeeker
Mon Feb 24 2025
BTCC, a top cryptocurrency exchange, also offers robust services to its users. Its offerings include spot trading, futures trading, and a secure wallet.
ShintoSanctuary
Mon Feb 24 2025
One such practice involves transferring a significant portion of funds to the company's cold wallet.
Nicolo
Mon Feb 24 2025
Cold wallets are offline storage solutions that provide an extra layer of security against online attackers.