Terenval Crypto Glossary · Русская версия

Hot wallet

A hot wallet is a cryptocurrency wallet used on an internet-connected device, making it convenient for regular transactions and dApp interaction but exposed to the security environment of that device.

Published and reviewed: 2 October 2026.

Definition: A hot wallet is a cryptocurrency wallet used on an internet-connected device, making it convenient for regular transactions and dApp interaction but exposed to the security environment of that device.

Hot and cold describe operating environment, not custody. A hot wallet can still be non-custodial if the user controls its recovery/key material.

How this concept appears in Terenval Wallet

Terenval Wallet is a mobile software wallet and should be treated operationally as a hot wallet rather than as cold-storage hardware.

Important: Keep the phone and operating system updated, verify transactions before signing and store recovery material separately from the connected device.

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Why the term matters

Practical meaning

Hot and cold describe operating environment, not custody. A hot wallet can still be non-custodial if the user controls its recovery/key material.

Safety

Keep the phone and operating system updated, verify transactions before signing and store recovery material separately from the connected device.

Related terms

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Sources and review

Terenval product statements are first-party information.