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Cold Storage: What It Is, How It Works, Theft Protection Cold wallets, a type of crypto wallet, are digital cryptocurrency storage on a platform not connected to the internet, which protects them from hackers. If you're not ready to put a large amount of money at risk, you can start small and still get a good grasp for how the process works. The steps are: choosing a venue or exchange to place your order, selecting a payment method, and ensuring safe storage for your purchased cryptocurrency.
