Why hardware wallets are more secure?
If you are not familiar with hardware wallets you may be curious what the advantages versus other wallets are.
The main principle behind hardware wallets is full isolation between the private keys and the online environment.
Smartphones and PCs are Vulnerable to hacking and if other party gets access to your private keys they can easily steal your bitcoins and alts.
Why not just use a paper wallet?
A paper wallet may be secure but when you want to use your funds you need to import your private keys to your computer so you lost the isolation advantage.
A hardware wallet backed by a paper wallet is the best solution for keeping your coins safe. The paper copy is used only as a recovery in case of loss.
If you have any significant amount of bitcoins, using a hardware wallet should be the only choice.
here is a list of the most popular hardware wallets in the market:
The Ledger Nano S is currently one of the best if not the finest hardware wallet with a screen. It can be used on any desktop computer or Android smartphone. Click here to read the full review.
TREZOR (lunched on August 2014) was the first Bitcoin hardware wallet that offered secure cold storage plus the ability to spend coins with the convenience of a hot wallet. Click here to read the full review.