Cold wallet or Cold storage

Definition of Cold wallet or Cold storage

A cold wallet (or cold storage) is a physical wallet device that stores your private key (your access to your coins) offline. People often use it to have assets held for the long term. Cold wallets give you full ownership and accountability over your money and are considered the safest form of storage.

Cold wallet or Cold storage used in a sentence

‘’To begin with, bitcoin cold storage is typically expensive. A cold wallet will usually set you back roughly $100’’. 

‘’I store my crypto in cold storage. I like to keep holding my funds’’. 

‘’Where did I leave my cold storage? I want to sell some bitcoin and buy some XRP instead’’. 


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Bryan indulges in every bit of crypto-related news and material he can lay his hands on. As such, he often shares his views and advice through the onXRP content platform. He is a firm believer in crypto’s potential in the financial and economic world. With 5 years of experience in investing and trading Bryan brings excellent insights to the table. He is excited to bring much of this knowledge and many of his skills to the onXRP platform.