Security is the top priority when storing crypto assets
Hardware wallets cannot be hacked
Besides Ledger and Bitbox, Trezor is the largest provider of hardware wallets for Bitcoin and Co.
When buying Bitcoin, Ether and Co. there are a few things to consider. The most important question investors are asking is how to keep crypto assets safe.
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Hardware wallets cannot be hacked
Hardware wallets offer crypto investors a variety of benefits. The most crucial advantage of hardware wallets is certainly that they cannot be hacked because they are not accessible on the Internet. Rather, the hardware wallets resemble a large USB stick that stores the stocks of Bitcoin and Co. of the respective user. Unlike an ordinary USB stick, a hardware wallet has cryptographic functions to ensure the security of the seed. The seed is a specially ordered list of words that stores all the information needed to locate a wallet if it is lost or stolen.
Trezor: One of the first hardware wallets
Trezor was the first hardware wallet to hit the market in 2013. Back then, the crypto community was much smaller than it is today, and the Czech company Trezor has grown with the entire cyber currency market. In addition, the company has now launched “Trezor Suite”, a powerful and intuitive desktop and web interface that improves security, usability and data protection in crypto management. This is supported by so-called “ethical hackers”, i.e. experienced programmers who are committed to Trezor security. Trezor’s hardware wallet is thus linked to the program – this means that after plugging in the small device, Trezor Suite provides a second control instance and thus improves user security.
By the way, the classic Trezor Model One device costs 116 euros on Amazon. In addition to the first mover Trezor, there are numerous other providers of crypto hardware wallets, such as Ledger Nano or Bitbox.
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