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Is an intermediary wallet necessary? (lemmy.world)

submitted 1 month ago by Jack_Burton@lemmy.world to c/crypto@lemmy.ml

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I've been having to dig into some crypto savings and paying by converting to fiat. I've got a subscription that can be paid with crypto (which I've never done) and was gonna send from Ledger to a hot wallet to pay but I suppose I could just send it directly from Ledger yeah?

Without thinking about it I just assumed it'd be safer to transfer to a hot wallet but right before I did, I wondered why? I can't think of any reason paying directly from a cold wallet would have any risk compared to transferring out first. Would I have just wasted transfer fees or is there a good reason to transfer out first?

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