There are two types of wallets: hot and cold.

The hot wallet is a software application installed on your computer or smartphone and connected to the Internet. Most often free of charge, this type of wallet is ideal for everyday handling. It’s convenient, mobile and easy to use.

But the threat is real! Your private keys are stored locally on your equipment, accessible to viruses and other Internet threats.

Your cold wallet, on the other hand, is a dedicated, offline device. Your private keys are isolated in a specially designed piece of hardware, called the Secure Element.

Satochip is a cold wallet, also known as a hardware wallet. The chip acts as a secure element, protecting your private keys from online threats.