Hot

Lower

Higher

Best for frequent trades; more vulnerable to hackers and malware

Cold

Higher

Lower

Best for long-term holders, large amounts; inconvenient and demanding

Warm

Medium

Medium

Balances security and accessibility

Custodial

Lower

Higher

Held and secured by another party, usually an exchange; comes with third-party risk

Self-custody

Higher

Lower

Offers more security than custodial but owner is responsible