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- 1 Hardware wallets have emerged as the best storage solution for crypto users.
- 2 Equipped with advanced features and technology, these hard wallets solve many problems of tokens/coin holders.
Going old-school may not look cool, but it is often the best solution for us. The fact is very relevant if you talk about the storage of crypto assets. While online wallets give you so much functionality, they expose you to the dangers of cyber fraud. On the other hand, hardware wallets keep your tokens/coins untouched by anything digital or online.
They give you 100% assurance of security and work best for those who like to keep a certain amount of tokens ensconced. These wallets work quite like a vault of a bank. They safeguard the assets inside from any sort of malicious cyber activity. Moreover, they come with so many features which make them feasible for most crypto users.
To give you access to deposits and withdrawals, they come with Bluetooth or a USB port. Also, they come with robust security features that make these gadgets highly reliable for users. In the last few years, crypto markets have seen a gush of hardware wallets. So let’s dig into a few that gained high popularity recently.
Wallets that became a valuable application this year:-
Equipped with cutting-edge features and superb functionality, these wallets have become the go-to choice for every user.
1. Ngrave
Ngrave takes the security to a much higher level. Users cannot connect this wallet to the internet in any possible manner. It has Bluetooth connectivity and a built-in USB port. The body is water-resistant and fire-resistant and it comes with a scalable backup too. Besides being reliable, it’s travel-friendly too.
2. Ledger Hardware Wallet
The Ledger Nano X looks just like a fancy memory stick, but it totally stands out in terms of features. The device can store 30 cryptocurrencies including Bitcoin, Ethereum, Tron, Litecoin, Dash, and others. It is already a very popular hardware wallet due to its many attributes. The device comes with an integrated ledger that transacts tokens directly.
3. Trezor Hardware Wallet
The world’s first hard wallet provider, Satoshi Labs has developed this storage device. It is the latest model T that features a touchscreen interface. It lets you store Bitcoin, Ethereum, Dash, Namecoin, Dogecoin, and many others. One major highlight is that it allows the conversion of cryptocurrency into fiat. The other functionalities include atomic swap and fiat exchange.
4. BitBox02
BitBox also offers storage as well as transaction abilities. It emerges as the all-in-one solution that secures digital assets with efficacy and ease. The device focuses on providing quality and privacy simultaneously. Moreover, it comes with stickers, lanyards, a microSD card, a USB extension cable, and a USB adapter.
5. SecuX Stone
This one appears as a diamond-shaped aluminum case. SecuX comes in different variations such as W10, W20, and V20. All of them come with essential features like PIN safety, a private key, and a secure element chip. The 2.8-inch highly-sensitive touchscreen display makes usage very easy. It supports major platforms like Windows, Mac OS, iOS, Linux, Android, and Chrome OS.
Conclusion
Hardware wallets become the most reliable storage option for crypto users. They enable the users to store a large amount of tokens while keeping them untouched by others. At the same time, these tools have some amazing features. They have a robust body and they connect with other devices too. With a slew of merits, these tools allow crypto users to stash assets, bring more liquidity, and diversify their portfolios.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
