There are several quite safe options when it comes to choosing a hardware wallet. You can pick from a variety anyone you like, but for me, there are two hardware wallets that you should take into the perspective in the beginning. Both of them support multiple cryptocurrencies and they are quite simple to use. Most important of all – they are safe as it can get. Hardware wallets key characteristic certainly is the safety since all of them function by storing your private keys in an offline mode. There haven’t been any major cases of loss or theft of information stored on hardware wallet.

Ledger Nano S

It is a product made by French start-up company. It is compatible with all of the frequently used operative systems (Windows, Mac, Linux) and it has two buttons and an OLED screen which makes it very simple to use. By now, when it comes to the capacity to store different sets of cryptocurrencies the Ledger Nano S offers the greatest number of options. Besides inevitable Bitcoin, with Ledger Nano S you can store:

  • – Bitcoin Cash
  • – Ethereum
  • – Ethereum Classic
  • – Zcash
  • – Ripple
  • – Litecoin
  • – Dogecoin
  • – Dash
  • – Komodo
  • – Ark
  • – ERG20
  • – PoSW

Trezor

Hardware wallet named Trezor is the world’s first hardware wallet and as such it represents safe and a well-known method of storing your cryptocurrencies without any concern for their safety. Besides storing your private keys, with Trezor you can also sign transactions offline. Also if the device gets stolen, loss or damaged you can be safe – Trezor offers randomly generated PIN codes based on nine digits and a recovery key based on up to 24 words. Great feature of this type of hardware wallet certainly is the possibility of using it with several Android apps.

When it comes to the number of cryptocurrencies that can be stored with Trezor, there is a smaller amount of options comparing to Ledger Nano S. Besides two of Bitcoin and Ethereum coins, you can store Litecoin, Dogecoin, Zcash, Dash and ERG20. The addition to the variety that Trezor offers is Namecoin – comparing to Ledger Nano S.


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Posted by Min Park

Blockchain Marketing Specialist / ICON ($42M) / MediBloc ($25M) / BOScoin ($12M) / PAXchain ($60M) / Krown Media / :0

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