
Hardware wallets are generally more difficult to hack into, so they're a preferred option when storing digital assets that are especially high in value. Most people keep their assets in a digital wallet or marketplace, such as Coinbase or MetaMask, because they're free and easy to use, but for your most valuable holdings, you may want to consider a physical wallet.Ī hardware, or cold, wallet allows you to store cryptocurrency and NFTs on a physical drive, which you can connect to a computer to access. Crypto wallets don't hold the actual coins or tokens - they store the private keys that prove you own your crypto assets and let you buy, sell or trade on blockchains.Īnytime you purchase cryptocurrency or NFTs, they must be stored somewhere.
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"Hot" wallets such as software or mobile apps operate online, while "cold" wallets are hardware devices that work offline. Your crypto wallet serves as the gateway to your crypto assets.


Use a hardware crypto wallet for your most treasured assets If one of your accounts is compromised, your others will also be at risk.Ī strong password is vital to keeping your digital assets secure.

We recommended choosing a password manager with encrypted storage and two-factor authentication for extra security.Īlso, when creating an account, never repeat your passwords. If you're worried about remembering all of your long, complicated and unique passwords, consider using a password manager, which makes it simple and secure to store and use your passwords from one place.
