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HomeGlossaryHot Wallet

Hot Wallet

By CoinGecko | Updated on Mar 03, 2020
It is a tool that store your cryptocurrencies and always connected to internet. The stored coins can be instantly exchanged with other members of the network or used to trade.

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Related Terms

Super Staker
A Qtum Core wallet (full node) providing Proof of Stake for delegated addresses, and keeping a small part of each block reward as their fee for providing the staking services.
SHA-256
Abbreviation of "Secure Hashing Algoritm - 256", SHA-256 is part of the SHA2 that allows one-way hashing of any data into a 64 character string.
Private Keys
The alphanumeric string which allows transactions from the cryptocurrency address
Margin Trading
It is a way of investing by borrowing money from a broker (or in crypto, an exchange or platform) to trade
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