🛠️Hardware Wallets

Brief introduction to the advantages of using a hardware wallet for your ADA.

What are hardware wallets?

A hardware wallet is a physical device to store your cryptocurrency private keys away from the internet. Hardware wallets confirm transactions in an offline environment: this helps keep your private keys away from the risks of the internet.

Purchasing a hardware wallet to protect your crypto investments should be your first priority.

Why should you consider a hardware wallet?

The offline nature of hardware wallets keeps them safe from online threats like hacking and malware: physical isolation significantly reduces the risk of unauthorized access.

Easy-to-use recovery phrases ensure that users can regain access to their funds if the device is lost or damaged.

Overall, hardware wallets provide a robust, secure solution for managing cryptocurrency investments, and should be considered best practice.

What benefits do hardware wallets offer?

Hardware wallets offer several benefits over software wallets for storing ADA:

  • enhanced security by keeping private keys offline

  • secure design elements that protect against physical tampering

  • portability

  • ease of back up with recovery phrases

Which hardware wallet should you buy?

We recommend the following hardware wallets, based on the below compatibility matrix:

Daedalus
Yoroi
Yoroi Mobile
Yoroi iOS
Eternl

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