Bitcoin flies away: What is the best wallet to secure her cryptocurrencies?

Over the years, buying cryptocurrencies has become simpler for good reason: the birth of cryptocurrency scholarships has made this process much easier. Just put money for them to buy all kinds of digital currencies (Bitcoin, Ethereum, Doge, etc.). Investors buy, sell and exchange assets in cryptocurrencies mainly through these platforms.

Of course, these platforms have democratized the industry and improved availability. However, they are much less suitable for storing bitcoins and other cryptocurrencies, as evidenced by the decline in MT Gox or bankruptcy FTX in 2022, which caused billions of Internet users. In order not to end the remake of these unfortunate and recurring episodes, only one solution: to keep cryptos on the wallet, more often called wallet.

Cold Wallet: The safest for storing bitcoins (BTC) and other cryptocurrencies

Cold wallets are among the safest choices for managing your cryptoactives. These types of physical portfolios that are in the form of a USB key for most of the time have a difference in access to the Internet only if you want to make transactions. This greatly reduces the risk of distance hacking. Specifically, the basic private key to access your cryptocurrencies and the transaction is stored offline, which protects it to a large extent safe from many pirates. So they are the safest means, but not all the hardware of the wallet are the same. Here is our selection of the best links.

How to talk about the crypt of the wallet without mentioning the book. The company was founded in France and was a pioneer in this type of facility. Ledger Nano X was released 5 years ago, followed by excellent books Nano S, a former brand bestseller. Today it is always one of the best options for money.

Thanks to its small simplified screen, Nano X maintained everything from the old model, including its shape, but took the opportunity to add Bluetooth connection. It is in this criterion that makes the difference in comparison with Nano with Plus. You will approach its cryptocurrencies via smartphone and not only through a computer, which is a difference, for example, you need access to travel cryptocurrencies.

Wallet works on Ledger Live. The application is intuitive and is almost used as a cryptocurrency platform. Once it is associated with its Nano X, you can buy, sell, exchange and even save more than 5,000 cryptocurrencies and NFT. It is possible to use 100 blockchains at the same time, which should be enough if you do not have a very diverse wallet.

Who is Nano X for? Compact, easy to use and intuitive, Nano X stands out as one of the best options thanks to easy use. He makes a trick for beginners or even the most experienced ones who want to transport their cryptocurrencies everywhere with them, such as hanging on a key.

Wallets in the form of USB keys are practical, but there is even better: card. Most cryptocurrencies tend to become monetary alternatives, so you have to adapt support and what could be better than the wallet we put next to our blue card in a real wallet?

This is exactly what the tangle has done, a company that seeks to offer a more well -known and practical means for piloting its cryptocurrencies. There is no direct interface but Chip NFC integrated into the card Who, when you have access to your smartphone (Android 6.0+ or ​​iOS 14.5+), launches the tangem application that you can buy, sell and convert assets.

These devices are generally sold. So if you lose your card, do not panic: just use another card and pair it with the application to enter your restore sentence, so find access to your currencies.

Who is the tango wallet for? For those looking for a practical possibility, space for the universe and especially at an affordable price. Tangem recently offers different support in the form of a ring using the same NFC chip principle. This may also be a good choice, but it remains more expensive: it counts around 150 € ($ 160) behind the Ring.

Stax, which was launched at the end of 2022, has established itself as a role of hardware wallets Krypto. If some can assess it somewhat excessive to solve storage, they can seduce people looking for a crypto portfolio with an ultra -complete touch interface. Like Nano X, it fits perfectly to Ledger Live, but with a significant added value: the ability to consult much more information, undeniable benefits for experienced users who sign a large number of transactions.

Stax depicts theoretical autonomy for almost two weeks due to its e-inint technology, which is commonly found in e-readers. This option allows it to minimize energy consumption and offer remarkable endurance. Once the battery is, it is recharged via induction or USB-C cable.

His design is also his strength. And for a good reason, Tony Fadell, Father of iPod in Apple thought of him.

For whom is the book Stax? For those looking for beautiful devices without worrying about prices (399 euros remains for this type of device), its interface is almost pleasant interface, although it mainly consults information and transaction signature. As with all cold wallets, most events take place online via Ledger Live. In the last few months, Ledger has offered a lighter version: Ledger Flex for 249 euros.

Hot Wallet: Best Alternative to Hardware Wallet

In addition to physical cold wallets, it is also possible to store your digital assets on other storage solutions called hot wallet. They are more vulnerable on paper because the private key is stored online, even if the risk of hacking is minimal. If you pay attention to the transactions you sign, there is no reason for your wallet to endanger.

The advantage of these wallets is that they are free and accessible online Via mobile app, browser extension or software. We cannot advise you that in this or this wallet, it usually depends on the cryptocurrencies you hold. You have to look at which blockchain you use mainly and choose the most suitable.

Here are some recommendations among the most famous options.

Metamask: What is it?

Metamask It is a bit of a scale for hot wallets. It works as a browser extension or mobile app. It allows you to easily manage different crypts and interact with a variety of DAPPS (decentralized financial applications). It is not easy to use first, but for advanced use it can be relatively practical.

Trust : That’s what?

Trust In our opinion, one of the simplest use of a crypto wallet. Offered as a mobile app on iOS or Android, supports hundreds of blockchains and thousands of cryptos. It is also possible to buy a cryptos directly through the application or do stuking to experience them.

Why do you have to have a crypto portfolio?

You need to understand that when you buy cryptocurrencies on centralized platforms, your assets are not directly in your possession. To facilitate the acquisition, your account is associated with several addresses of different cryptocurrencies depending on the blockchain. So the cryptocurrencies you buy are actually held in portfolios (wallets) that the platform controls on your name. In other words, even if you can see the balance of your assets in your account, these funds are not directly under your personal check. It is a platform that holds private keys associated with these addresses, and it can authorize transactions. In the case of hacking, bankruptcy or government restrictions deposited on the platform, your assets can be frozen or even lost.

How does a crypt wallet work?

Crypt of wallet, whether physical or online, does not directly hold your crypts. Your assets are in blockchain, cryptocurrency network. Meanwhile, the wallet acts as a bank account. With your identifiers, you can access your means that will not hold you but by the bank. In short, wallet a little your access card to cryptocurrencies.

How to find his cryptocurrencies in case of loss of wallet?

It is precisely because they are not directly in your wallet that if you lose your wallet, it is no problem. When you create a wallet, you are systematically asked to recover the recovery sentence or a PIN code that you must keep exactly (for example in the password manager). Simply enter this identifier to restore your resources if the device is lost.

Which wallet to choose?

Solutions for storing cold wallet are the safest on paper, but there is no better or safer crypt of wallet than others. Ledger, tango or even a vault offer almost the same level in terms of security, with EAL5+ or EAL6+ certifications (EAL7 is the maximum level of protection). Your choice must be more about the practical aspect of the wallet, if it is easy to transport, but also for other features offered by the application. In this register, hot wallets are excellent.

---