Start Safely Investing in Cryptocurrency with this Bundle of Premium Crypto Security Tools.
New cryptocurrency investors make two common and easily avoidable mistakes: first, they store their cryptoassets online, which leaves their assets vulnerable to theft from hackers.
Second, when new investors do purchase a hardware wallet for proper offline storage, they fail to record and protect the wallet’s recovery seed phrase.
Moving your cryptoassets to a hardware wallet is an important first step to achieving security, but it's not enough to achieve complete protection. Setting up a hardware wallet without properly backing up your seed phrase still leaves your assets vulnerable to theft, loss, or damage.
That's because your seed phrase is like the "secret password" to your wallet. You can lose your wallet or forget your PIN number and still access your funds if you have your seed phrase!
But this also means that if your seed phrase ever gets lost, stolen, or damaged, you can lose access to your wallet. Even more critically, if a hacker or thief manages to access your seed phrase, they can get access to your wallet and steal your funds.
Clearly both of these scenarios must be avoided at all costs.
That's why experienced crypto investors both move their assets offline to hardware wallets, and use stainless steel Billfodl devices to record and safely store their seed phrases.
Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin Gold (BTG), Ethereum (ETH), Ethereum Classic (ETC), All ERC20 Tokens, Litecoin (LTC), Dogecoin (DOGE), Zcash (ZEC), XRP (XRP), Dash (DASH), Stratis (STRAT), Komodo (KMD), Ark (ARK), Expanse (EXP), Ubiq (UBQ), Vertcoin (VTC), Viacoin (VIA), Neo (NEO), Stealth (XST), Stellar (XLM), Hcash (HSR), Digibyte (DGB), Qtum (QTUM), Peeercoin (PPC), PivX (PIVX), PosW (POSW), Bitcoin Private (BTCP), ZenCash (ZEN), Woleet, Nano, Nimiq, Zcoin (XZC), Tron (TRX), POA Network (POA), Wanchain (WAN), Vechain (VET), Ontology (ONT), Kowala (KUSD), Icon (ICX), Particl (PART), Rootstock (RSK), Waves (WAVES), Rise (RISE), FIC Network (eFIC), Pirl (PIRL), EOS (EOS), Akroma (AKA)
Materials: Brushed Stainless Steel and Plastic
Operating System Compatibility:
Windows (8+), Mac (10.10+), Linux or Chrome OS. Requires Google Chrome or Chromium, and one USB port to plug in your Ledger Nano S
Dimensions & Weight:
Dimensions: 98mm x 18mm x 9mm. Weight: 16.2g
Microcontrollers & Connector:
Connector: USB Type Micro-B
Certification level: CC EAL5+
Chips: ST31H320 (secure) + STM32F042
Do your hardware wallets come with a manufacturer warranty?
Because we are authorized retailers of all the hardware wallets we sell and have close partnerships with these companies, all of our products come with the full manufacturer warranty.
What do I do if my device is lost or stolen?
If your device were to fall into the hands of a third party, a PIN number will prevent them from accessing your funds.
As long as you have your 12, 18 or 24 word seed, you can enter it into any compatible software or hardware wallet and recover your assets.
Why is it important to buy from an authorized retailer?
Hardware wallets are known for their improved security for digital assets over software wallets and exchanges that are susceptible to hackers and security lapses.
But the security of hardware wallets is useless if you cannot trust the seller who is selling you a new or used hardware wallet. Recent stories have emerged claiming that unauthorized wallet resellers on platforms like eBay and Amazon can tamper with the wallets and steal assets completely unbeknownst to the consumer.
It is wise to purchase exclusively from exclusive authorized resellers such as The Crypto Merchant, to ensure the safety and authenticity of your hardware wallet.