Many owners of cryptocurrencies are often surprisingly careless with their capital. Cryptocoins worth hundreds, thousands or even tens of thousands of euros are stored on the PC or even worse on the mobile phone in some wallet – preferably as a cool browser extension. Anyone who at some point is seriously surprised that their crypto assets have disappeared must be very naive. It’s like real money: who keeps their savings on the kitchen table?
Bitcoin itself is a very secure concept thanks to the distributed blockchain. The blockchain or Bitcoin can’t help it if users fall for really stupid tricks: “Elon Musk Beneficial LiveStream Event, send 1 Bitcoin and you get 2 Bitcoin back!” – no, Musk will not send you bitcoin. Parking the coins in a trading exchange is also not exactly the safest solution. Anyone who has been in the crypto world for a long time has already experienced countless bankruptcies and hacks from many exchanges.
A special device, a hardware wallet for the crypto coins, protects against hackers and dodgy crypto exchanges. With them, the user can safely store the necessary key for the coins offline. We took a closer look at the Shift Crypto BitBox2, the Trezor Model T and the Ellipal Titan Mini. Ledger is currently having delivery problems and was unable or unwilling to send us a nano wallet. Nevertheless, we have added the Ledger Nano X/S(Plus) to the overview.
