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    Where Is Crypto Stored? (How Wallets Work)



    Where is crypto actually stored? In this video, we’ll break down the difference between hot wallets, cold wallets, and crypto exchanges to understand how crypto is stored. We’ll also cover the safest ways to protect your crypto private keys whether it’s through Ledger Nano, Metamask, or crypto exchanges such as Binance.

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    View 28 Comments

    28 Comments

    2. fox mulder on

      That's why Bitcoin is a SHYTCOIN and 🗑️ as are all crypto save for monero/privacy coins! Who wants to use a bank that everyone and anyone can look your account up and see how much money you have in there, where you've been spending it and his much!!?? Not anyone who's intelligent that's for sure!

    4. Ron Ron on

      Thank you so much, that was the most thorough, complete and easy to understand explanation concerning the differences between hot and cold wallets.

    10. Deborah Williams on

      My Metamask is backed by ledger. This is a must!! Didn't always have it so, forgot to lock my Metamask one day and ooops some not so valuable crypto was stolen. Crypto Dad has for a long time put out videos on how to back MM with ledger. Right now he is putting out videos on self custody. Very clear explanations.

    12. NFT1O1 on

      Thanks for sharing. One concern you did not share, what if you lose your wallet or someone steals it? I know the Trazor T has a password but how does Ledger protect against that?!

    14. Mike H. on

      If the private key for a cold wallet is known, could the key be used to create a hot wallet and access any funds without approving transactions on the cold wallet device?

    18. DR 1+1=3 on

      Hello brother can you please tell us if our funds can be hacked though trust wallet mining? They told me it's a liquidity mining of bnb and they give 3% of my wallet interest everyday. But i just want to clarify if my wallet funds will be hacked atlast.

    26. Reip on

      Hi, I watched a few of your videos and I like your explanations. Do you have a video on staking with a cold wallet and would you recommend it?

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