How To Keep Your Cryptocurrency Safe. Which Wallet Do You Prefer?

Carrying your crypto around safely and conveniently is no longer a distant dream. The question of why you should

purchase a wallet becomes the more pertinent question of which wallet should a cryptocurrency investor use.

Nano Ledger S – Hardware Wallet is a must have if you truly want to keep your cryptocurrency safe.

Nano Ledger S is a very secure hardware wallet. It is popular because of its relatively low price of $65 compared to its competitors. Being smaller than KeepKey, it is more portable and easier to carry around. It is a hardware wallet that comes at a very competitive price.

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Paper wallets are for those who wish to have their own private wallets without forking out cash for hardware wallets. The money saved could be invested in their coins. Simply generate your wallet online at myetherwallet.com and note your private keys. The website does not store or transmit any of your private information. If you don’t trust the online version, you can even download it from GitHub and run it offline. Paper wallets are free but require an in-depth knowledge to set it up properly. In short, this type of wallets generally take a lot of hassle and are not advised for novices.

Behold Jaxx, the world’s first mobile wallet solution. Versions for iOS, Android, desktop and browser are now available. Jaxx uses a mnemonic seed to back up your wallet or transfer it to a different device. Jaxx allows you to receive your funds, scan QR code, view your crypto holdings, all in one intuitive app. Advanced features such as shapeshift integration and multiple platforms wallet linkage makes this the preferred wallet for the tech savvy. The only drawback with this wallet is that it might have a steep learning curve, and features might not be stable with all the new integrations. With time, this will prove to be a promising solution.

I sleep soundly with my Nano Ledger S under my pillow these days. Which wallet would you prefer? 🙂