Exchanges get hacked. Withdrawals get frozen. A cold wallet keeps your crypto truly yours. Here's how.
Hot wallet = connected to internet (convenient, less safe). Cold wallet = offline hardware device (Ledger, Trezor). Your keys never touch the internet. Hacker-proof.
"Not your keys, not your coins." Crypto on an exchange is an IOU. Crypto in your cold wallet is truly yours. Move large holdings off exchanges to a hardware wallet.
Your 12 or 24-word recovery phrase IS your crypto. Write it on paper. Never store it digitally, in a photo, or in cloud. Lose it = lose everything. Share it = lose everything.
Under ₹50,000: software wallet is fine. Above ₹1 lakh: get a hardware wallet (₹10,000–₹20,000). Best options: Ledger Nano X or Trezor. The peace of mind is worth it.
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