What is a hardware wallet
A hardware wallet is a cryptocurrency wallet which stores the user's private keys (critical piece of information used to authorise outgoing transactions on the blockchain network) in a secure hardware device. The main principle behind hardware wallets is to provide full isolation between the private keys and your easy-to-hack computer or smartphone.
Ledger was launched in 2014 by eight experts with complementary backgrounds in embedded security, cryptocurrencies and entrepreneurship, united around the idea of creating secure solutions for blockchain applications. They now have over 130 employees in Paris, Vierzon and San Francisco.
Why you should choose Ledger hardware wallets:
– The highest security standards: all products integrate a certified secure chip and a custom OS to assure maximum security.
– More than 1300 coins and tokens supported
– Safely manage your assets: use application Ledger Live or an external wallet to check the balance, send and receive crypto from the security of your hardware wallet.
– Very popular hardware wallets: more than 1.5 Million units sold all over the world.
Ledger offers following hardware wallets: Ledger Nano X, Ledger Nano S and Ledger Blue.
The Ledger Nano X can store up to 100 applications at the same time, including Bitcoin, Ethereum, XRP, Bitcoin Cash, EOS, Stellar and many more.
The Ledger Nano X is Bluetooth® enabled.
Private keys are safely isolated inside the device’s certified secure element (CC EAL5+), the most secure type of chip on the market.
Crypto assets stay safe even if you lose your device. You can use the 24-word recovery phrase provided during the initialization of your device to restore your accounts on any other Ledger device.
You can install between 3 to 20 applications, depending on app size, on the device. It supports Bitcoin, Ethereum, XRP, Bitcoin Cash, EOS, Stellar and other major currencies.
Private key giving access to your coins is never exposed. It remains protected within a secure chip locked by a PIN code.
Crypto assets stay safe, as a confidential recovery phrase backs up the device, and your accounts can easily be restored on any Ledger device.
Ledger Blue is a premium hardware wallet with an advanced user experience thanks to a large touchscreen interface. It is built around a Secure Element and includes all the security features you’d expect from a Ledger device.
The Ledger Blue embeds a color display and a large capacitive touchscreen with anti scratch glass, encased in a robust cover. It is very convinient device enabling to control every operation right from the fingertips. We really like this one.
This wallet is a bit cheaper as Nano X and you can find out more and buy it in Ledger shop.
Trezor is another great solution, if you would like to store your crypto assets outside of exchange.
It is very useful if you want just buy and hold crypto or also for time between your trades, if you are swing trader focused on higher timeframes.
This device соnnесtѕ to уоur соmрutеr wіth a USB саblе. It stores уоur Bitcoin and сrурtосurrеnсу private kеуѕ оfflіnе and ѕіgnѕ trаnѕасtіоnѕ. It соuld be ѕаfеlу аррlіеd tо a malware іnfесtеd соmрutеr.
Please check the following comparison of these wallets.
Trezor is one of the most popular cryptocurrency hardware wallets in the bitcoin and blockchain community.
We definitely recommend to give it a try.
Check out the TREZOR SHOP.