Three common types (plain English)

• Hot wallet — software on a phone or computer, usually online. Convenient; treat it like a daily-spend account.

• Cold wallet — keys kept offline (often a hardware device). Better for larger amounts you rarely move.

• Custodial — an exchange or app holds the keys for you. Easy recovery via their login; you depend on their security and rules.

Literacy habits

• Know who holds the keys before you send value

• Practice a tiny send/receive on a new setup before moving size

• Never share a seed phrase to “fix,” “sync,” or “support recover” a wallet

More detail: https://ascentadvisors.io/docs/wallet-basics-hot-cold-custodial.html

Educational content only — not investment advice.

Literacy checklist

• Write it offline; never store it only in screenshots, email, or cloud notes

• Never type it into a website that asks you to “verify,” “sync,” or “support recover” your wallet

• Real support never DMs you first asking for the phrase

• Test restore only on a device you control, with a wallet you chose from a trusted source

Full checklist + free printable: https://ascentadvisors.io/products/seed-phrase-safety-checklist.html

Educational content only — not investment advice.