Cold Wallets

Cold wallets, also known as offline wallets, are not connected to the internet, offering a higher level of security for storing cryptocurrencies. They can include hardware wallets and software wallets stored on devices not connected to the internet.

Pros:
- Enhanced security against online threats.
- Suitable for long-term storage of cryptocurrency.

Cons:
- Less convenient for frequent transactions.
- Physical devices can be lost or damaged.

Cold wallets are perfect for users who want to store larger amounts of cryptocurrency securely and do not need to access their funds frequently.