🛠️Hardware Wallets
Brief introduction to the advantages of using a hardware wallet for your ADA.
This guide is not affiliated or in any way supported by the hardware wallet manufacturers mentioned herein.
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?
Refer to the manufacturer's website for more information on individual hardware wallets and their usage.
We recommend the following hardware wallets, based on the below compatibility matrix:
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