Glossary Term
Cold Wallet
A cold wallet is a type of crypto wallet that stores private keys completely offline, making it one of the most secure ways to protect digital assets like SOL and NFTs from hacks and online threats on the Solana blockchain.
Beginner
General
Crypto Terminology
Cold Wallet: what is it?
Examples
- 1
Storing thousands of SOL or rare NFTs on a Ledger before unplugging and locking it away.
- 2
Using a paper wallet with printed keys in a safe deposit box.
- 3
NFT project treasuries securing community funds in hardware wallets.
Common Use Cases
Long-term storage (HODLing) of SOL, SRM, or high-value Solana assets.
Safe-keeping NFT collectibles without risk of online compromise.
DAO or project treasury management for enhanced fund security.
Air-gapped wallets for cold staking.
Pro Tips
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Always buy hardware wallets direct from the official supplier to avoid tampered devices.
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Store recovery phrases securely—physical theft or loss cannot be reversed.
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Cold wallets require manual steps for transfers; plan accordingly for access times.