The crypto economy is at the forefront of both the financial and technological fields, which means you need to be vigilant to protect digital assets. The key element of this is to use a hardware wallet from a company you can trust (such as Ledger) to store your private keys securely.
Not your key, not your coin
Anyone who has been following the cryptocurrency industry has heard too many stories about exchanges being hacked or just disappearing overnight, causing investors to lose any assets they thought they had. This happens because when you have a balance on the exchange, you actually can’t really control the coins you want to make. Only by keeping your private key can you truly own digital assets.
Storing the private key yourself can be daunting for cryptocurrency newbies, but fortunately, there are powerful but user-friendly solutions here. A hardware wallet is a physical device that stores your private key in a security chip. With a hardware wallet, your private key is always kept offline, so it is not protected from any network attacks. Many experienced users believe that this is the best way to protect cryptocurrency through other solutions such as paper wallets and software wallets.
When choosing a hardware wallet, you will notice that not all hardware wallets provide the same level of security and control. When it comes to your money, you must choose a reliable solution that can be trusted from a well-known security brand for many years. Founded in 2014, Ledger is a global leader in security and infrastructure solutions for critical digital assets and blockchain applications. Ledger has sold more than 2 million hardware wallets in more than 165 countries.
Choose the ledger wallet that suits you best
Using the Ledger hardware wallet and application together, you can easily and securely store our cryptocurrency and access key services. One Ledger device can manage more than 1,800 kinds of encrypted assets. The Ledger Nano series uses the most secure chip type to store your private key-a secure element. It is designed to defend against sophisticated attacks, and with this certified chip, your private keys will never leave the device-which means that only you, no one can access them.
The Ledger hardware wallet is also the first and only certified hardware wallet on the market. Ledger wallet is the only hardware wallet with its own custom operating system (BOLOS), which can protect devices from malicious attacks and isolate applications from each other.
Ledger currently offers two types of Nano hardware wallets. Both provide the same level of protection for your encrypted assets, so you can rest assured that you can choose the most suitable crypto asset for you. Ledger Nano S is considered to be the best way to safely buy and store your favorite cryptocurrency. It is the most popular hardware wallet in the world, and it is world-renowned for its powerful functions. Approximately 3 to 6 encryption applications are installed, and you can use it to protect and manage your favorite cryptocurrencies, such as Bitcoin or Ethereum.
Ledger Nano X is considered to be the best way to manage all encrypted assets easily and securely. It is the most advanced hardware wallet in the world, and provides powerful functions, such as Bluetooth, which can be used for transactions via smartphones anytime, anywhere. You can protect a large number of assets by installing up to 100 coin apps on Ledger Nano X. The device also has a larger screen and a more ergonomic design to provide additional convenience.
Once you have purchased the first Ledger hardware wallet, you will find that it can not only store and protect coins, but also do more-it opens up the entire world of key crypto services. The next story in this two-part series about Ledger will show that you can use a complete Ledger solution (combining a hardware wallet with the Ledger Live app) to do all the work-stay tuned!
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