Glossary
Burner wallet
Also written or said as: burner, burner wallets, throwaway wallet
A throwaway wallet holding only a small amount, used for risky sites and brand-new coins.
You connect the burner to anything new: a fresh launch, an unfamiliar site, a mint you are not sure about. If it gets drained, you lose only what was in it. Your savings sit in a separate wallet that never connects to anything risky.
Learn it properly inYour safety checklistDanger zone · 4 min readRelated words
This guide is for learning. It is not financial advice. Most memecoins go to zero and most people who trade them lose money. Only ever trade what you can afford to lose.