Hardware Wallet
A physical device that keeps your crypto passwords offline, away from hackers. You need to physically press buttons to approve transactions.
Example
Storing large amounts of crypto on a Ledger device that requires button presses to send money, protecting against online theft.
Related Terms
Tools & Protocols
βοΈPopular Hardware Wallets
| Feature | ledger | trezor | keystone |
|---|---|---|---|
| Price | $79-149 | $69-219 | $119-169 |
| Screen | Small | Touchscreen | Large touchscreen |
| Open Source | Partial | Full | Full |
| Air-gapped | No (USB) | No (USB) | Yes (QR codes) |
β οΈRisks & Warnings
- β’Buying from unofficial sellers risks pre-compromised devices
- β’Still vulnerable if you approve a malicious transaction
- β’Physical theft or loss if not properly secured
- β’Firmware updates could theoretically introduce vulnerabilities
- β’Supply chain attacks during manufacturing
πGetting Started
- 1Buy only from official manufacturer websites
- 2Verify the package is sealed and tamper-free
- 3Set up in a private location, not in public
- 4Store the recovery seed separately from the device
- 5Practice recovery before storing significant funds