Hardware Bitcoin wallet is one of Bitcoin wallets that stores your private key and public address. But the difference is that it is in a form of a USB or a small device. Compared to other wallets, there are clients who prefer this wallet because of its advantages. This wallet does not only target businessmen and regular individuals, but also online gamers.
With its demand, there are more hardware wallets created that give you better perks than others. Also, the upgrades of each hardware Bitcoin wallet provide you with more convenience as you use cryptocurrencies. Be sure to research about the product first before you buy it.
Benefits of a hardware Bitcoin wallet
Security
There are a lot of clients who prefer this wallet, especially Bitcoin poker players. This is because they are ensured that their keys are protected offline. They can enjoy playing online poker Bitcoin and earn Bitcoin poker bonus without thinking about their account. Other Bitcoin players can also benefit from this wallet because of its high-quality security features. Unlike other wallets, you can be sure that your account will not be stolen offline or no one will try to hack into your account.
Convenience
Hardware wallets are small devices which is why you can easily bring it anywhere you want to. There are even devices that fit into your pocket. If you wish to use your hardware Bitcoin wallet, you can easily connect it to your computer or laptop. Do not worry about malware or other viruses because all hardware wallets are virus proof.
Well-known hardware wallets
- Ledger Nano S – this hardware Bitcoin wallet is popular because it is handy and convenient. It also allows you to store multiple cryptocurrencies. You can also monitor your transactions through its screen. Another feature to look forward to is its passphrase support feature.
- KeepKey – this wallet is hierarchical deterministic and malware proof. It also has a backup feature to assure you that no matter what happens, your account is safe and secured.
- Trezor – this wallet ensures you that no one will control your coins because you have to manually confirm your transactions first. Also, it makes sure that your keys are not exposed during transactions.
- Ledger HW.1 – one reason why there are hundreds of users who prefer this hardware Bitcoin wallet is that it allows you to create a shared account with other users. To ensure you that your account is safe, the wallet has a microchip that stores your data.