A hot wallet keeps your keys on the phone, which is ideal for a small everyday spending stack. When you are ready to protect larger savings, the Intermediate guide moves your keys onto a dedicated hardware device.

Your recovery words are the wallet. Anything digital (a screenshot, a note, a cloud backup) can be reached by an attacker. A hand-written copy kept offline cannot.

A payment must be included in a block to confirm. It first shows as pending at zero confirmations, and each new block adds one, about 10 minutes apart on average. For low-value transactions, 1 to 3 confirmations is sufficient; for larger ones, I recommend waiting for up to 6.

Every transaction pays a fee to the miners who include it in a block. Block space is limited, so fees rise and fall with demand. A higher fee usually confirms within a block or two; a lower fee still gets there, it just waits longer for a quiet moment. If your payment is not urgent, tap Change speed and pick a cheaper rate to save sats; if it needs to land fast, choose a higher one.