quan.shuren02
7 days ago  Karma: 50
Why are hw wallets considered safer than other methods of storing cryptos? Should I invest in one?

Why are hw wallets considered safer than other methods of storing cryptos? Should I invest in one?

en
#ethereum
#security
quan.shuren02
7 days ago  Karma: 50
Why are hw wallets considered safer than other methods of storing cryptos? Should I invest in one?

Why are hw wallets considered safer than other methods of storing cryptos? Should I invest in one?

en
#ethereum
#security

4 ANSWERS
lucianoagramonte
7 days ago Karma: 45

Hardware wallets are safer than exchange provided wallets because you are actually owning your private key.

Compared to desktop wallets, they are safer because your private keys are protected by several layers of security. For example, if your computer gets hacked, and you are using a desktop wallet, your cryptos will be stolen. However, if you are using a hardware wallet, nothing will happen to your cryptos.

If you own a significant amount of coins, it's a good idea to buy a hardware wallet.

Hardware wallets are safer than exchange provided wallets because you are actually owning your private key.

Compared to desktop wallets, they are safer because your private keys are protected by several layers of security. For example, if your computer gets hacked, and you are using a desktop wallet, your cryptos will be stolen. However, if you are using a hardware wallet, nothing will happen to your cryptos.

If you own a significant amount of coins, it's a good idea to buy a hardware wallet.

toomaslepmets
7 days ago Karma: 75

I don't necessarily consider hardware wallets safer than a paper wallet or an air-gapped computer. However, they are arguably easier to use.
In short, hardware wallets bring a mix of security and convenience. If you are serious about crypto, buy at least one.

I don't necessarily consider hardware wallets safer than a paper wallet or an air-gapped computer. However, they are arguably easier to use.
In short, hardware wallets bring a mix of security and convenience. If you are serious about crypto, buy at least one.

jpvirtualschool

You can use hardware wallets on computers with viruses that have key logging and screenshot bugs and your keys will not be compromised.

Oct 10 '18 at 7:32 pm
kaijchang2
7 days ago Karma: 19793

Hardware wallets are useful because they are basically small computers that can sign transactions without connecting to the internet meaning there is little to no chance of being compromised.

Hardware wallets are useful because they are basically small computers that can sign transactions without connecting to the internet meaning there is little to no chance of being compromised.

jbdiwan02
6 days ago Karma: 10

as they are not connected to the web or exposed all the time, it makes it easier to keep the information of our cryptocurrencies out of line, it just takes a bit of foresight with our pc (or mobile) and we will have less chance of being stolen

as they are not connected to the web or exposed all the time, it makes it easier to keep the information of our cryptocurrencies out of line, it just takes a bit of foresight with our pc (or mobile) and we will have less chance of being stolen

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