The universe of crypto-currencies is expanding day by day. Thus, many are happy to store their crypto-currencies in online wallets, others are concerned about the use of wallets more secure. This article tells you everything you can know about physical wallets.
What is a physical crypto-currency wallet?
Hardware wallets are tamper-proof electronic devices. They are designed to store digital assets in an offline environment. The private keys and digital signatures essential to spend crypto currencies are generated through these wallets. As with software wallets, you should write down the keywords (recovery phrase) on a physical medium and keep it in a safe place. If your hardware wallet is damaged, you can easily and simply restore your crypto-currencies with the recovery phrase. If you want to store your crypto currencies securely for the long term, it is necessary to order a physical wallet.
The best physical crypto wallets.
There are a number of physical crypto wallets. Here you will see two of the best.
The Ledger Nano S
It is a stylish and attractive European physical wallet with its design. This is the product of a startup located in France. It is a battery-free device that can be connected to a computer or mobile device through USB. One of its basic features is the emergency key for recovering your Bitcoins. An interface is integrated into it in addition to a flash drive with two buttons for navigating the interface. The Ledger Nano S now supports nine other crypto-currencies.
This is a physical wallet created by SatoshiLabs. it is the world's first secure hardware wallet for Bitcoin. It is a device that looks like a small calculator. Trezor randomly generates nine-digit pins and a 24-word recovery key to ensure the security of the wallet. It allows you to store crypto currencies and sign transactions offline.