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Cold Wallet vs. Hot Wallet: Where Is Crypto Stored?A crypto wallet is a place where you can securely keep your crypto. There are many different types of crypto wallets, but the most popular ones are hosted. The bitcoincryptonite.shop DeFi Wallet is non-custodial, which means that users retain full control of their private keys and assets. Available on Android and iOS, DeFi. A crypto wallet securely stores your private keys, which are required to access your funds on the blockchain. There are two main types, �hot�.