Choosing a hardware wallet for storing cryptocurrency

Hardware wallets are the best way to securely store Bitcoin, Ethereum, and other cryptocurrencies.WithOver the years, their range has grown significantly, and now it can be difficult to determine which model to choose. Today, consider a few of the leading options available in the market.

How to choose a suitable hardware wallet for cryptocurrency?

When it comes to safe storagecryptocurrencies, hardware wallets are a bit of a golden ratio. Compared to online wallets and software versions that store your private keys on a device connected to the Internet, hardware options store keys in a secure offline storage. This makes cryptocurrencies immune to online attacks. And at the same time, the best hardware wallets do not lend themselves to physical hacking in case of theft and loss of the gadget - because they are password protected.

Hardware wallets are perfect for anyonelooking for a secure vault for its own cryptocurrency portfolio, but at the same time they want to keep it with them everywhere. They are perfect for long-term storage of funds, which do not need to have quick and direct access.

Today, there are many differentoptions. All options have their pros and cons, so it will be right to say that each of the wallets has a specific target audience. Let's go over the most prominent options, after which you will be able to choose the perfect option for yourself from this list.

Ledger nano x

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Released in 2019, the Ledger Nano X isthe youngest player in the cryptocurrency hardware wallet market. Compared to its predecessor, the Ledger Nano S, the Nano X features improved internal memory. The case has undergone a slight design change, and Bluetooth support has also been added to the gadget. This, by the way, cannot be called the most competent step from a security point of view.

Ledger Nano X supports a huge numbercryptocurrencies and at the same time is one of the smallest wallets, which allows you to carry it everywhere with you. The device supports the application on the desktop and smartphone. The interface is clear.

Trezor model t

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Trezor Model T - the latest modelSatoshiLabs cryptocurrency hardware wallet. In design, it is very similar to the previous Trezor Model One. Except for the larger touch screen and support for more cryptocurrencies.

Despite the high cost, the Trezor Model T is consideredone of the best hardware wallets on the market. Especially for those who are worried about the potential risks of using the Bluetooth interface, which almost all flagship wallets are equipped with today.

Ledger nano s

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One of the most popular cryptocurrency on the marketLedger Nano S hardware wallet. This is a very attractive and easy to use gadget. It is ideal for those who want to get security with a relatively small budget.

Ledger Nano S supports over a thousand cryptocurrencies. In addition, Ledgers support staking.

Trezor model one

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First introduced by SatoshiLabs atIn 2014, the Trezor Model One wallet was one of the first hardware wallets on the market. Despite its advanced age, Trezor One still impresses with its level of security and a wide range of supported cryptocurrencies, as well as compatibility with many external wallets.

Due to its age, the Trezor Model One wallet is relatively cheap, but at the same time it is not inferior to the younger generation in security.

Bitfi knox

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Unlike other hardware wallets,Bitfi Knox does not store private keys on the device itself. That is, to steal it makes absolutely no sense. Instead, Bitfi uses an innovative on-the-fly private key generation system. This allows you to never reveal the keys to any other connected devices.

Perhaps the only drawback of Bitfi Knox is its size - the wallet is noticeably larger than the other options on the market.

Ledger blue

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One of the largest hardware walletsLedger Blue was designed with accessibility in mind, which allows individuals or companies to safely store cryptocurrencies, but at the same time have relatively quick access to them. Like all wallets of this manufacturer, Ledger Blue is equipped with the best protection features, and it is impossible to crack it.

Despite the large screen that addsthe usability device, the lack of Ledger Blue on the market and the limited support for cryptocurrencies make it suitable only for those who really appreciate simplicity.

Cool wallet s

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Cool Wallet S - a thin hardware wallet,Designed specifically to fit in your wallet next to plastic cards. Cool Wallet S supports most of the top cryptocurrencies, but it has one actually unique property. He is not afraid of water.

The wallet has a Bluetooth interface that allows you to manage your crypto portfolio from any device that supports a connection using this protocol.

Keepkey

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KeepKey is one of the easiest andSurely the most beautiful wallet on the market. It was developed taking into account ease of use and supports the line of the most popular cryptocurrencies. It is worth noting that the wallet has a built-in currency exchange function that works through the ShapeShift exchange API.

Being one of the cheapest wallets on this list, KeepKey is an affordable and affordable option.

SafePal S1

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SafePal S1 hardware wallet supported bycompanies with the largest cryptocurrency exchanges Binance allows you to safely store cryptocurrencies on your device without an internet connection. It is worth noting that there is no USB port, Bluetooth interface, WiFi and any other connection methods.

This is a relatively cheap gadget thatEquipped with a camera and six physical buttons, that's all you need to store and use thousands of different cryptocurrencies. The device works by reading QR codes that are generated by a special mobile application.

In general, almost all hardware wallets canconsidered safe. Therefore, the choice of a particular option depends solely on your personal preferences in the design and the availability of funds that you are willing to allocate for the purchase of the device.

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