With the sudden surge in popularity of Bitcoin and other crypto-currencies, came an overwhelming demand for a secure way to store these digital assets. This is where hardware wallets come into play!
Hardware Wallets: Ledger, Trezor and KeepKey, the three frontrunners in the field of secure crypto currency storage.
Today we will specifically talking about the benefits of owning a Trezor hardware wallet. Here’s what you need to know:
The basic idea of each wallet is to function like a vault for your crypto-currencies, serving as a barrier between your coins and the outside world through encryption and separation, ie cold storage.
- Quick Setup: The Trezor wallet takes just minutes to set up through a very simple registration process.
- Ease of Use: Simple two button design and built-in screen make the Trezor a very appealing option for even the most basic of users.
- Compatibility: The Trezor Can be used to store Dash, Ethereum (including ERC-20 tokens), Bitcoin Cash, Zcash, Ethereum Classic, Bitcoin, Dogecoin, Namecoin, and Litecoin and is also compatible with all major operating systems: Windows, OS X, and Linux.
- Security: The Trezor uses state of the art cryptographic algorithms and practices. Additionally if the Trezor is ever destroyed or stolen, you can recover your coins using a special recovery seed phrase.
Conclusion – The Trezor is the perfect choice for any entry-level investor hoping to secure their investment in the world of digital currencies.
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Disclaimer: Crypto currencies are a high risk, speculative market and subject extreme volatility, never invest more than you are willing to lose. None of the information found on this website should be taken as investment advice or council. We are not liable for any financial losses. Some links found on the website may be affiliate or referral links. Images obtained by google.com (images)