Hot Wallets – Online wallets (e.g., apps or web-based) for easy access and quick transactions.
Cold Wallets – Offline wallets like hardware wallets (e.g., Ledger, Trezor) offering high security.
Paper Wallets – Physical copies of keys for offline storage.
Custodial Wallets – Managed by third parties (e.g., exchanges).
Non-Custodial Wallets – Users control their private keys.