Choose the Best crypto hardware wallets like the Trezor, BitBox , Ledger and KeepKey….
A crypto wallet is essential for anyone who wants to get into cryptocurrencies. The market is growing at an increasing rate and even in a down market there is money to be made. Hardware wallets are essential to keep someones investment safe and there should be no other option when you are storing an abundance of assets in one place. Would you walk down a dark alley with 10,000 dollars in your pocket? No. Then why would you store your assets in a place that is just as dangerous when you put it in a hot wallet?
Follow this guide and you will find the right wallet for you.
What is a Hardware Wallet?
They are small portable devices. They can look like a thumb-drive or a mini tablet with a screen. These hardware wallets are meant to connect in a short range to a device. Either by USB or Bluetooth. The benefit of these devices is that they generate their private keys offline without the chance of anyone getting access to it online. They are the key to allow your crypto to move off your hardware wallet.
How do hardware wallets work?
1: You have to install the Firmware for your wallet that you just bought. This firmware can be found on your wallets brands website.
2: You open your wallet you just received, connect it to your computer or phone and they will ask you to create a new wallet or use a backup key phrase. You will want to create a new wallet.
3. When you create the wallet it will prompt you with your seed phrases. You must write those down on a piece of paper and don’t lose it. You will need these to access wallet later on. It also gives your Public Key which is the address you can send your crypto to keep safe
4. You now have a wallet you can send currencies too
5. Want to transfer your cryptocurrency out? Enter your seed phrases and any other password the wallet had you make and click transfer. When you unplug or disconnect the bluetooth no one online can ever get access to those funds.
Hardware Wallets
Trezor Model T
Trezor Model T is the newest high-end product SatoshiLabs has developed. It employs a touch screen to confirm transfers and display words for extra security. They allow you to store a numerous amount of cryptocurrencies on it, such as, Dogecoin, Ethereum, Bitcoin and more.
Downside: The only major downside of this item is its premium cost. But this cost is worth it for most people in the end.
Click Here to Learn More about it.
Ledger is a high-end product that employs the use of Bluetooth to connect to your wallet on your phone called Ledger Live. It looks like a thumb drive and can also connect by USB to a laptop or computer. They are a company based out of France. They have two main products the Ledger Nano X and the Ledger Nano S. The X being the more premium of the pair.
Downside: The Bluetooth can sometimes have problems connecting to a device making it far from smooth. Implementing Bluetooth to a device has many people wondering about security concerns of the wallet in general.
Click Here to Learn More about it.
Keep Key is a wallet supported by a parent company called Shapeshift, they have been a long time software wallet provider (Hot Wallet). The Keep Key is a device much shaped like the ledger and has a easy to read screen. Being a developer of a Hot wallet it allows them to have an easy sync that can make for a quicker transfer than other wallets.
Downside: Lack community support compared to Trezor and Ledger. Also you have to install non-native software like Electrum or Multibit to the device.
Click Here to Learn More about it.
BitBox is also a Thumb-drive looking device. Bitbox uses USB-C connection to connect to computer and laptops. They use a open-source code that has been reviewed by security auditors. It has a native app called BitBox App which can be used to store. It has a display and has been available since 2016 so it has a large community to support it.
Downside: It has small amount of support when it comes to new crypto currency’s it only cover the blockchains of Bitcoin, Ethereum and Litecoin.
Click Here to Learn More about it.
SecuX is known for its innovation of making a hardware wallet (cold wallet) for NFTs which have become very popular over the past 3 years. These type of wallets make them a stand out in the wallet industry if you own an abundance of NFT’s. It also has all the main functions a regular hardware wallet would have for crypto. Its has a larger than average touch screen allowing for easy viewing. Has the ability to use Bluetooth to connect to devices.
Downside: Larger in size than most other hardware wallets making it less discrete when storing it in a backpack or bag. But that comes with a longer battery life which is more than other hardware wallets.
Click Here to Learn More about it (+included discount)
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