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They also generally can hold relatively easy to carry out NFTs, or non-fungible tokensand many connect directly to hackers who could theoretically reach.
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The Ultimate Crypto Wallet?? BEST Smart Contract Wallets to UseThe Best Desktop Wallets. Exodus - a very user-friendly and easy to understand, reliable wallet. As of now, it is probably the most popular. Hardware wallets (cold wallets) are preferred for better security with a slight hassle of having to connect and get it going before using it. I personally use exodus and metamask for my hot wallets. I keep very little on them as I have my cold wallet but exodus has a great mobile app.