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drum55 • yesterday at 9:56 PM • 2 replies • view on HN

You don’t even have to do that, have deposits go to offline keys directly, that way there’s only ever cold > hot wallet movement and a big deposit can’t cause your hot wallet to be too risky.


Replies

darkwi11ow • yesterday at 9:59 PM

The point of cold wallet is to minimize movements, if there is high frequency of funds moved from a wallet then it is likely can not be called cold any more. Plus CEX in any case still needs to have large buffer of funds on some wallet to support day trading.

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lxgr • yesterday at 11:12 PM

For a large CEX like Binance, $5B might just qualify as a hot wallet.