What is a hardware wallet
Hardware wallet refers to a hardware device which stores the private key of digital token assets and is equipped with a security chip. It is not connected with the Internet, and supports “Connection (Bluetooth) and Play”.
The benefits of hardware wallets
1、The easiest and safest way to store Bitcoin and other digital assets.
2、Easier to backup and protect for most users.
3、Fewer mistakes and easy setup to get started, even for the average user who is not very tech-savvy.
4、Multiple hardware wallets can be employed together for more security.
What are the common hardware wallets?
At present, the main hardware wallet brands based on chip security on the market are: KeyPal, Ledger Nano S,Trezor, etc. Moreover, hardware wallets are the most secure among all wallets, and are relatively least vulnerable to attack.
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