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Since they are installed on your device and are constantly online, hot wallets are considered to be less safe, as they are subject to online attacks and pose a significant risk of you losing access to your funds if your device gets stolen or lost. Hardware wallets, also known as cold wallets, on the other hand, are physical devices that keep your digital assets safe and offline, online casino jobs australia. They are considered the safer option since they are only connected to the internet when you need to make a transaction. They often come in the shape of a USB flash drive and are off-limits for online hackers or other ma