If there’s anything that the past few weeks should have reinforced, it’s the importance of holding your own keys. You cannot rely on a centralised third party to honour your withdrawal request when the time comes.
However, taking control of your keys is only one thing. You must also make sure that you are storing those keys in the most secure way possible – cold storage.
There are a number of ways in which you can do this but perhaps the most user-friendly option is through a hardware wallet. I have a number of these devices and they really are the gold standard when it comes to crypto storage.
It’s been over a year since I last looked at these devices. So, it was only fitting that I did an update. In my video today, I am going to give you a complete 101 on hardware wallets.
I am going to explain what they are and how you use them. I will then be comparing the 5 best models on the market and giving you my full impartial view on them. I have personally used all 5 so I can give you some first hand opinions.
Finally, I will finish off with some top security tips that you *HAVE* to follow if you want to take that hardware wallet security to the next level.
⛓️ 🔗 Useful Links 🔗 ⛓️
Trezor Website: https://trezor.io/
Trezor GitHub: https://github.com/trezor
Kraken Attack: https://blog.kraken.com/post/3662/kra…
Trezor Response: https://blog.trezor.io/our-response-t…
Ledger Website: https://www.ledger.com/
Ledger Hack: https://www.ledger.com/message-ledger…
KeepKey Website: https://shapeshift.com/keepkey
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.