A hardware walletWallets are a digital storage facility for digital currency. A wallets can exist as a software program on a computer... Read More is a digital currencyA digital currency is a medium of monetary exchange that only exists in electronic form and has no physical counterpart. Read More wallet that stores the user’s private keys in a secure hardware device. A hardware wallet is more resistant to computer viruses and Trojans than a standard software walletSoftware wallets store private keys in a software program. Hosting options for software wallets include desktop computers, smartphones, and web... Read More, making it a much safer option for storing digital currency. Backing up hardware wallets is also easy, providing an extra layer of security.
