Hiw to buy crypto
Article Sources. Cold Storage: What It Is, How It Works, Theft Protection Cold wallets, a type of crypto wallet, are digital cryptocurrency storage on a platform not connected to the internet, which protects them from hackers. Now, the complex process of sending and receiving crypto is much more simple, very much like using an app to send or receive money to and from your bank account. It's a fairly complex, technical process, but the result is a digital ledger of cryptocurrency transactions that's hard for hackers to tamper with. Table of Contents Expand.