Bitcoin News and Finance
A Ledger Hardware Wallet Is the Best Solution to Protect and Own Your Private Keys Skip to main content

A Ledger Hardware Wallet Is the Best Solution to Protect and Own Your Private Keys

A Ledger Hardware Wallet Is the Best Solution to Protect and Own Your Private Keys

The crypto economy is on the cutting edge of both finance and technology, which means that you need to be ever vigilant in protecting your digital assets. A critical component of doing so is using a hardware wallet from a company you can trust, like Ledger, to securely store your private keys.

Not Your Keys, Not Your Coins

Anyone who has been following the cryptocurrency industry even a little bit has heard way too many stories about exchanges getting hacked, or simply disappearing overnight, leaving investors without any of the assets they thought they owned. This can happen because when you have a balance at an exchange you don’t really control the coins you think you do. Only by keeping the private keys yourself you can truly own a digital asset.

Storing your private keys yourself might sound daunting to a newcomer to crypto, but luckily there are powerful yet user-friendly solutions. A hardware wallet is a physical device that stores your private keys in a secure chip. With a hardware wallet, your private keys always remain offline and thus safe from any cyber attacks. Many experienced users believe this is the best way to secure your crypto over other solutions like paper wallets and software wallets.

When selecting your hardware wallet you will notice that not all hardware wallets offer the same level of security and control. And when it comes to your money you have to pick a solution you can trust from a brand everyone knows to be safe for many years. Founded in 2014, Ledger is a global leader in security and infrastructure solutions for critical digital assets and blockchain applications. Ledger sold over 2 million hardware wallets in more than 165 countries.

Choose the Best Ledger Wallet for You

Using a Ledger hardware wallet, combined with an app, you can easily and securely store your crypto we well as access key services. You can manage more than 1800 crypto assets with a single Ledger device. The Ledger Nano series uses the most secure type of chips to store your private keys – a secure element. It is designed to withstand sophisticated attacks, and with this certified chip, your private keys never leave the device – which means no one can access them but you.

The Ledger hardware wallet is also the first and only certified hardware wallet available on the market. And Ledger wallets are the only hardware wallet to have their own custom OS (BOLOS) to protect the device against malicious attacks and isolate applications from each other.

Ledger currently offers two types of Nano hardware wallets. Both offer the same level of protection for your crypto assets so you can feel safe to pick the one that fits you the most. The Ledger Nano S is considered to be the best way to securely buy and hodl your favorite crypto. It is the world’s most popular hardware wallet and world-renowned for its robustness. With about 3 to 6 crypto applications installed you can use it to secure and manage your favorite crypto such as Bitcoin or Ethereum.

The Ledger Nano X is considered to be the best way to easily and securely manage all your crypto assets everywhere. It is the most advanced hardware wallet in the world and offer powerful features such as Bluetooth to trade on-the-go, at anytime with your smartphone. You can secure a large number of assets with up to 100 coin applications installed on the Ledger Nano X. The device also features a bigger screen and better ergonomic design for extra convenience.

Once you buy your first Ledger hardware wallet you will see that it can do much more than just than storing and securing coins – it opens up a whole world of key crypto services. The next story in this two-part series about Ledger will explain all you can do with the full Ledger solution, a hardware wallet combined with the Ledger Live application – stay tuned!

This is a sponsored post. Learn how to reach our audience here. Read disclaimer below.

Labels:

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl...
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju...
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and...
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r...
Post a Comment
Read more
Blogarama - Blog Directory