As crypto trading becomes more popular, users are looking to safeguard their assets from potential cyber attacks. One of the most effective ways to do this is by using a hardware wallet. best hardware wallet for cryptocurrency compact devices can be connected to a computer or smartphone for transactions and balance reviews. They encrypt private keys to resist hacking and also offer physical resilience. Some even feature an in-wallet exchange service via ShapeShift to allow users to trade crypto while the device is attached to their computers.

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There are over a dozen different hardware wallets on the market, and each comes with its own unique set of features. The three biggest brands are Ledger, TREZOR and KeepKey. Ledger is well-known for its’secure’ wallets, which use a Secure Element component (the same type of chip that is found in passports and credit cards) to provide an additional layer of security. The Ledger Nano S and the newly launched Nano X both support thousands of crypto assets, are easy to use and come with great customer support.

TREZOR, owned by Prague-based Satoshi Labs, has been making hardware wallets since 2013, and its flagship product is the Trezor Model T. The Trezor is known for its simple, user-friendly design and robust security features – it’s the only hardware wallet to reach the highest security certification standard of EAL7, and is RoHS and CE certified.

When shopping for a new hardware wallet, it is important to assess your personal requirements and decide which features are most important to you. Other factors to consider include ease of use, cost, company reputation and additional security features.

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