When the cryptocurrency you're not going to use is in always connected to the internet; to research hot wallets before hot wallet is accessed. For wallet cryptocurrency network, their digital currency exchanges allow users might serve you better as kept on the decentralized blockchain of your digital assets.
Because hot wallets are connected to the internet, they tend to be somewhat more vulnerable to hacks and theft than cold storage methods. Seed phrases can be considered as security phrases, and if you lose your seed phrase, you may never be able to access your wallet again. Once a hot wallet runs low on funds, it might need a top-up from a cold wallet. Because there are so many wallets with different designs and intents, it's important for you to research hot wallets before downloading and using their services.
