Quick Summary:
- After Centralized exchanges fail to store funds, Hardware wallets are the safest options to store crypto assets, away from the hostile online world.
- A number of companies offer these cold storage wallets – each with a different set of features and security protocols.
There are mainly three ways to store crypto: centralized exchanges, online wallets, and hardware wallets. Exchanges are 3rd party platforms that can not be trusted with huge funds. Online self-custodial wallets are safer options but scammers still hack them anyway. There are ways to make hot wallets ultra-secure but it is still not accessible to everyone. Therefore the only option to secure crypto is hardware wallets. Below are the top 3 hardware wallets to store crypto assets.
Top 3 Hardware Wallets:
1. Nano Ledger S Plus:
Nano Ledger S Plus is the top-of-the-list hardware wallet. Nano Ledger S Plus is one of the safest wallets because it is a hardware wallet, which means that it is a physical device that is not connected to the internet.
As a reminder, you should only trust the landing page with the https://t.co/m7aRlpCref domain, and NEVER share your 24 words with anyone – Ledger will never ask for them!
— Ledger (@Ledger) May 17, 2022
This makes it very difficult for hackers to access your funds, as the wallet is completely offline. Additionally, the wallet has advanced security features such as two–factor authentication and a pin code, which is required to access the wallet. Finally, the Ledger Live software provides an extra layer of security by verifying each transaction on the blockchain before sending it.
2. Ledger Nano X
Ledger Nano X is also a very secure wallet, as it offers all the same features as the Ledger S Plus, such as two–factor authentication, a pin code, and the Ledger Live software. Additionally, the Ledger Nano X has the added benefit of being able to connect to your phone or computer via Bluetooth, which provides an extra layer of security.
3. Trezor Model T
The Trezor Model T is another secure hardware wallet that offers advanced security features such as two–factor authentication, a pin code, and the Trezor Wallet software. Additionally, the Model T has the added benefit of being able to connect to your computer via USB, which provides an extra layer of security. The Trezor Model T also supports more than 1000 different cryptocurrencies, making it a great choice for anyone looking to store a variety of coins.
Conclusion:
In conclusion, Nano Ledger S Plus, Ledger Nano X, and Trezor Model T are all secure hardware wallets that offer advanced security features to protect your funds. Each wallet has its own unique advantages, so it is important to research and compare them to find the best option for your needs.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
