The hot wallet’s purpose is to store assets, with which users want to trade, as they are the fastest available.
This wallet is connected to the internet which makes it easy to exchange and buy cryptocurrencies, but is however less secure against cyber-attacks. It will be possible to store all types of coins, tokens and NFTs from the mobile app on AlphaWallet's hot wallet.
It will contain information about the user’s account, the wallet’s address, and the account balance, which will be broken down into individual cryptocurrencies. It will enable the execution and acceptance of transfers using QR codes and an overview of the transaction history.