Hardware Wallets for Cryptocurrency

What is a Bitcoin wallet?

  • wallet backup;
  • encryption with an intricate and difficult password;
  • establishing cold storage;
  • multisig, which involves initiating a complex transaction mechanism under which 2 or 3 users are asked to approve the transaction.

Types of cold storages

Paper wallet

Sound Wallets

Deep Cold Storage

Hardware wallet basics

  • security features
  • user-friendly design
  • supported cryptocurrency
  • guidelines on how to approach your digital funds
  • price and money that you are ready to spend
  • portability

Hardware wallet types

Ledger

KeepKey

Trezor Nano X

Trezor Model T

BitBox

To sum up

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store