The Best Cryptocurrency Hardware Wallet on the Market - Ledger Nano S vs Trezor vs Keep Key
The Importance of a Hardware Wallet
You have finally entered the Cryptoverse and gotten your hands on a bunch of bitcoins to maybe Invest or hire a killer. Whatever your reasons maybe, I won't judge. Most people would store it in the exchange that they bought it in. However, there is a real risk of the exchange being hacked at any moment or an unexpected even can occur that will result in you losing all your crypto assets. This has happened numerous times in the past.
Ultimately, it is your own responsibility to secure your assets in the crypto world.
The philosophy of decentralization gives you freedom, but the security pressure resides on your shoulders. When you have a bank account, you do not have to worry where is your money. They have people who are paid to secure the network and make sure everything is running smoothly. However, in the cryptoverse you need to take a step further and learn how to secure your stuff by yourself. When your intent to invest a good amount of money, you need to understand how to protect your goods.
Currently, there are 3 Hardware wallets with a good reputation.
Arguably the most popular Bitcoin hardware wallet on the market. The Ledger Nano S has a good reputation among the community with it being very easy to configure and easy to store somewhere in your home or your bank vault. I recommend this device for anyone that plans to store cryptocurrency offline for the future.
To Order the Ledger Nano S, Click Here.
Trezor is the oldest and most reputable hardware wallet on the market. It supports the most popular crypto and is extremely durable with it being water-resistant.
Some other features of the Trezor are password manager, passwordless login, and 2-factor authentication with services like Google, Dropbox, or WordPress. Therefore, the device becomes a comprehensive solution to protect not only Bitcoin but also your passwords and other online assets.
3. Keep Key
Keep Key is the newest out of the 3 and you can tell. The first thing you will notice is its beautiful design. One can clearly tell the amount of thought and effort put into packaging and product design.
However, one major downside of the Keep Key is its size, coming in much bigger than the previous 2 hardware wallets. Furthermore, with it being a new product in the block, the Keep Key has yet to develop the same level of reputation as the Ledger Nano S and Trezor which may dissuade people into purchasing it.
Which do you think is the Best?