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Replying to Avatar RealJohnDoe

If it's a small amount a hot wallet would be okay to start with.

A hot wallet just means a wallet that connects directly to the internet.

Electrum is a good educational type desktop hot wallet. So is Sparrow wallet. You can learn a lot from using either of those wallets or both.

Eventually you need to move to a cold storage wallet. I wouldn't trust anything that isn't open source. And I don't personally like secure elements. Because they're not open source.

I consider them all just a backdoor. On the other hand. Most of them are good enough with additional security measures. Like a high entropy bip39 passphrase..๐Ÿงก๐Ÿ˜Š

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DataNostrum 2y ago

I definitely want a cold one. Sparrow seems to come up a lot. Do you have any favorites on the phone?

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327b0c7a... 2y ago

Hope you mean seperate from your cold wallet. IMHO any wallet on your phone is a hot wallet.

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