Hardware Wallet

Hardware wallets are crypto wallets in which users’ private keys are stored in external devices such as USB or Bluetooth devices. They are the most secure crypto wallets for safely storing a large amount of cryptocurrency. Like software wallets, hardware wallets cannot be operated through the Internet, which means they are less vulnerable to phishing, cyberattacks, and scams. These wallets are best for institutional investors, as they have a hefty amount of cryptocurrencies to store, and they are prone to cyber theft.