5 Ways Hardware Wallets Secure your Crypto better than a Paper or Software Wallet (Ledger, Trezor)

Keep all your crypto safe & upgrade to a Ledger Nano X Hardware Wallet shop.ledger.com/pages/ledger-...
Alternatively, if you prefer a 100% Open Source wallet, a Trezor One is also a great value wallet shop.trezor.io/product/trezor...
Check out my hardware wallet comparisons here: cryptoguide.tips/hardware-wal...
A short video that looks at explaining some of the keys ways that hardware wallets help boost your security, specifically when compared to software wallets or paper wallets.
Hardware wallets provide a number of layers of extra security beyond a software wallet like Coinomi, Atomic Wallet, Jax, Edge, etc...
1. Offline key generation
2. Secure key storage
3. Secure key access
4. Validating the operation of wallet software
5. Best-practice by design…
You can do #1 with dice, as per here • Creating a Zero-Trust ...
You can do #2 by keeping stuff offline or encrypting it in a secure environment before moving it to something less secure
Point #3 is tricky in that a software wallet has to decrypt your keys to spend... This means that a malicious code in the wallet, in your OS, etc, could potentially steal your keys at this point... Hardware wallets keep your keys seperate and safe, even if your wallet software, your OS and your network are all malicious.
Basically #4 is covered a bit here • Hardware Wallet vs Mal... and your hardware wallet lets you verify that your software wallet is actually doing the right thing.
The most important thing is that you keep your seed secure and safe, offline. Your seed is your wallet... See here • Insecure Ways to Backu...
0:00 Intro
0:43 #1 Secure Key Generation
1:53 #2 Secure Key Storage
2:33 #3 Secure Key Access
3:30 #4 Software Wallet Validation
6:44 #5 Software, Documentation & Support
7:40 Closing Thoughts
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If you are new to Crypto, my suggestion is that you start with buying ~$150 worth of Bitcoin, Ethereum, Litecoin @ Coinbase and get familiar with storing it, moving it around, etc.
For your first purcahse, just stick with CoinBase: www.coinbase.com/join/5691c9d...
For Trading, just start with Binance: www.binance.com/?ref=18111926
By sticking with large, reputable exchanges for your first purchase (Coinbase) and first trade (Binance) you can avoid getting scammed right at the start by purchasing a non-existing coin off a scammy exchange. (You would be surprised how many people fall into this trap)
Don't have a hardware wallet?
Be safe and buy them direct from the manufacturer. (Not just through some random on eBay, Amazon, etc)
Get a Ledger: shop.ledger.com/?r=5243ecbb84...
(If you are just starting out, I would just recommend a Ledger Nano S)
If this was helpful, feel free to send me a tip:
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