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[Carl Hume-pankulis]

Having cryptocurrencies is good, but knowing how to secure them is even better. Indeed, no one wants to see their Bitcoin or other cryptocurrencies disappear one day from their wallet. That's why today through this post, we will help you find the best Hardware Wallet to store your cryptocurrencies in order to avoid any unpleasant surprises.

But before we look at the best hardware wallets to store your bitcoin and other cryptocurrencies, let's try to understand what a Hardware wallet is?

What is Hardware wallet?
A hardware wallet is a physical electronic device designed for the simple purpose of saving the user's private keys. It is the most secure way to store your cryptocurrencies because private keys are stored offline.
Thus the private keys are protected from devices connected to the Internet, preventing any hacker from stealing your cryptocurrencies.

Let's now take a look at our topic of the day:

What are the best hardware wallets to store cryptocurrencies?
Note that there are several ways to store cryptocurrencies among which we can mention:
Software wallets which are cryptocurrencies storage software,
Paper wallets that offer a way for users to generate a private key being offline and keep them on paper, and hardware wallet which is a physical wallet
Among all these crypto storage methods, the hardware wallet seems to be the most secure as mentioned above.

3 best hardware wallets to stock your cryptocurrencies

1. Ledger Nano S
The Ledger Nano S is a hardware wallet manufactured in 2016 by the company Ledger which is based in France.
this hardware wallet supports several cryptocurrencies and is currently the hardware wallet offering the most choice to users. Transactions are done in a simple and secure way.
If you are looking for a safe way to secure your cryptocurrencies, then Ledger Nano S is the best solution. It offers a quality/price advantage (99$).

2. Trezor
TREZOR One is the first wallet hardware to secure Bitcoin. It is a small device such as a USB memory device that you can use to connect to your computer with a USB cable. It stores your private keys offline and allows you to make your transactions in a safe and secure way on a computer.
Its current price is $99 and you can buy it on Amazon if you want to use a credit card or on their own website if you have Bitcoins in your e-wallet.

3. KeepKey
KeepKey is a little larger than the other two previous hardware wallets. It is the second Hardware wallet after the Trezor One and was launched in 2015. It offers an appreciable design and a larger screen offering a better comfort of use.
Like the other two hardware products, it allows users to secure their crypto thanks to its offline private key storage feature. However, it is more expensive than the first two listed: about $129 to have one.

 

[Medowriter]

There is no actual best wallet for cryptocurrencies, all wallets have their own plans. Better wallet are those which are available in your country or which allows you bank transfer with best cryptocurrencies conversion rate. Payza, Luno, Coin.ph etc are better where they are applicable.

I agree with you cos it is what is available for your immidiate use and what solves your problem that is your best wallet to the philipines coin.ph should be thier best wallet

 

[Khagendra]

So I currently have a blockchain wallet, but I was wondering how good this wallet actually is? I don't really know much about crypto currency so I am learning

Same problem with me. I have heard about cryptocurrency but not known what actually it is. I this this ia related with bitcoin too.

 

[Yugocean]

Payza allows exchange between bitcoin and other fiat currency for free; we can exchange cryptocurrencies to bitcoin and then bitcoin to fiat currency and then convert it into bank account, so it is fine for newbies.

 

[Medowriter]

Payza allows exchange between bitcoin and other fiat currency for free; we can exchange cryptocurrencies to bitcoin and then bitcoin to fiat currency and then convert it into bank account, so it is fine for newbies.

Is this payza support all currencies it just few currencies cos i am looking for wallet that support naira currency so i can easily exchange most wallets do not support it

 

[Emill]

Same problem with me. I have heard about cryptocurrency but not known what actually it is. I this this ia related with bitcoin too.

This is one of the mistakes most people do. DON'T invest in/speculate Bitcoin or any other cryptocurrency before knowing everything about the blockchain system and fees, wallets, different types of cryptocurrencies, what determines them to go up and down the way they do and basically EVERYTHING you can find explained. If you put your money in before knowing all the details, don't be surprised by a failure afterwards. You have to also invest your time, not only your money.

 

[Yugocean]

@Medowriter Payza right now only support bitcoin, but accepting some other cryptocurrencies to keep in wallet after exchanging itnot bitcoin; this is varified with my friends who are using Payza.

 

[Medowriter]

@Medowriter Payza right now only support bitcoin, but accepting some other cryptocurrencies to keep in wallet after exchanging itnot bitcoin; this is varified with my friends who are using Payza.

Aiit, i will still make enquiry about wallet that can easily make conversion to my local currency. I want to make more research about luno wallet if it does cos all other ones dont accept it

 

[Yugocean]

Many people do not trust online wallets , however Payza is well known and established payment processor which people use to connect with their bank and it is working fine for years. It has now wallet service added thay is good.

 

[Medowriter]

Many people do not trust online wallets , however Payza is well known and established payment processor which people use to connect with their bank and it is working fine for years. It has now wallet service added thay is good.

Which means aside crrypto currency people link there bank accounts to it before now , if this is correct then it is very reliable them but i dont if is available for all countries

 

[Yugocean]

Payza is available in India and it is allowing us to convert our BTC into INR, so it is fine for us; not all countries are allowed by Payza, however still it is the only well known safest and trusted method working before crypto business made headlines. As for others, Coinbase for USA and Coin.ph for Phillipines are much better.

 

[Lovely]

Blockchain wallet is the 2nd largest bitcoin wallet provider next to Coinbase. Blockchain also operates Blockchain Explorer where bitcoin transactions can be viewed publicly. About cryptocurrency, there are more than 1,000 to choose and hundreds are created every month through ICO (Initial Coin Offering). ICO is a new form of fundraising without revealing your identity and anyone can invest. To learn more about crypto, read daily related news in bitcoinforecast.com.

I totally agree with your assertions,I think blockchain can be said to be one of the best.I'm using coinbase for now,for security it very okay but the only snag is their transaction fees which is a bit high but for security,one coins is saved.I think one can readily use any of these two.

 

[Yugocean]

Coinbase is available for 32 countries, but mostly it is used by people from US and Singapore; yet a single wallet is not for all; we must keep currencies in diffrent wallet.

 

[Medowriter]

Coinbase is available for 32 countries, but mostly it is used by people from US and Singapore; yet a single wallet is not for all; we must keep currencies in diffrent wallet.

My country is not listed amongst the eligible countriee so i cant even buy and sell, i can only send from the wallet to another wallet but if it globally accepted there will be wallet acceptable to each region currency

 

[Yugocean]

Coinbase in not available in most of the countries; one have to find a wallet of his country itself, as no other choice is there; or one have to keep the earned cryptocurrency in some exchangers and convert into fiat currencies.

 

[smithy]

There is many good wallet to join to collect cash in but i recommond most to use coin base and faucet hub, alot of people r using them nowdays

hello, i already have a blockchain account, but i just created a faucethub wallet, i want to ask if i could withdraw to my local bank account with faucethub just like Luno or i would need to create a Luno wallet to do that? anybody that can solve this misery is welcomed too.

 

[smithy]

Aiit, i will still make enquiry about wallet that can easily make conversion to my local currency. I want to make more research about luno wallet if it does cos all other ones dont accept it

luno surely converts to your local currency, i have seen people use it and i think its amazing, the only thing i don't understand is how to transfer from faucethub to luno or if faucethub can transfer directly to local bank accounts.

 

[Yugocean]

Although I support Payza to be much better online wallet, but in case of offline/hardware wallet, either ledger or paper wallet are much better which can be used easily. Ledger for being supportive, paper for being free.

 

[smithy]

heard about paper wallet a while back but i don't really know if it supports every country and how it operates, i will also do my research on that but for now, luno seems to be the best option for me.

 

[Yugocean]

Paper wallet support every place, actually it is just a paper which one have to printout with wallet and keep it safe; it is fragile thing, so one have to take care very much, and also to sweep it when it is required to use.

 

[overcast]

Coinomi is good if you are on mobile. As they are available with the both androoid and the apple. And they seem to be doing good in that case. i'd say on that note it seems like a good option for the storing part. I'd surely consider.