quiz\nquestion 3 of 10\nwhat is one potential risk associated with a cryptocurrency hot wallet?\nit could be…

quiz\nquestion 3 of 10\nwhat is one potential risk associated with a cryptocurrency hot wallet?\nit could be hacked since it is offline at all times.\nyou could lose access if the exchange fails.\nthere are no risks associated with hot wallets.\nit could be hacked since it online at all times.
Answer
Brief Explanations:
A cryptocurrency hot - wallet is online all the time, making it vulnerable to hacking. Option 1 is incorrect as hot - wallets are online, not offline. Option 2 is more relevant to exchange - related risks rather than hot - wallet specific risks. Option 3 is false as all wallets have some risks.
Answer:
D. It could be hacked since it is online at all times.