What is a hybrid wallet.

[Niyi Briggs]

A hybrid wallet in cryptocurrency is the kind of wallet that has the features of both a hot wallet and a cold wallet. A hot wallet is an online wallet while a cold wallets is the one that you cannot access online.

A hybrid wallet then is a wallet that has features of both wallets.
Have you seen some of these hybrid wallets before.

 

[Hate2Wait]

I am still very new to this crypto currency so thanks to you for letting me know about cold and hot wallet. Can you also share example of wallets that are hybrid

 

[Suba]

Imo, Hybrid wallet is just a Bitcoin mobile wallet application that can be connected with hardware wallet. because I have never heard of a hardwallet called Hybrid wallet. Many crypto wallets are of the same type and can be linked to cold wallets like eToro, Bitstamp, Naga, Crypto.com etc.

 

[saoussen5765]

Imo, Hybrid wallet is just a Bitcoin mobile wallet application that can be connected with hardware wallet. because I have never heard of a hardwallet called Hybrid wallet. Many crypto wallets are of the same type and can be linked to cold wallets like eToro, Bitstamp, Naga, Crypto.com etc.

Does Trust Wallet could be an example of Hybrid wallet or it is not an example of this? I think eToro is web trading platform so what is the relationship of eToro with cold wallet?

 

[Suba]

Does Trust Wallet could be an example of Hybrid wallet or it is not an example of this? I think eToro is web trading platform so what is the relationship of eToro with cold wallet?

Hybrid wallet is just a mobile wallet application that can be linked to a cold wallet. Whereas Trust wallet cannot be linked with cold wallet so it is not the same as Hybrid wallet, eToro is not only a trading exchange but you can also use it as a wallet and it is compatible with hardware wallets.

 

[Chibson]

I have not used a cold wallet before but I think before you have access to this kind of wallet you must pay some certain amount of money. Trezor for example requires over $100.