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Meaning of warm wallet | Babel Free

Noun CEFR B2

Definitions

A cryptocurrency wallet that can only send to predetermined addresses.

Examples

“The warm wallet then distributes the incoming funds to either the hot storage wallet or cold storage wallet, depending on the exchange's need […].”
“Bybit said the hack occurred when the company was making a routine transfer of Ethereum from an offline “cold” wallet to a “warm” wallet, which covers its daily trading.”

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

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