Is Ledger Live a cold wallet?

An affordable cold wallet : At $59, the Ledger Nano S is less expensive than several other hardware wallets, making it a good low-cost, highly secure option. The private keys never leave the device: Unlike hot wallets through cryptocurrency exchanges, Nano S users hold their private keys.

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Does Ledger have a hot wallet?

Ledger Nano S and X are hardware wallets that safely store your crypto assets offline . Unlike hot wallets, the Nano S and X offer more protection against online theft and fraud. Plus, users control their private keys, whereas digital wallets on popular exchanges, such as Coinbase, manage your keys for you.

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