« Index

 

Hardware Wallet

Web3 Infrastructure • Tools • Interfaces

Hardware Wallet is a physical device designed to securely store the private keys used to access and manage cryptocurrencies. Unlike software wallets, hardware wallets keep keys offline (cold storage), protecting them from malware and hacking. Popular brands include Ledger, Trezor, and Tangem. They are considered one of the safest options for long-term crypto storage.

Use Case: An investor secures their long-term silver-backed tokens in a Tangem hardware wallet, ensuring offline protection from online threats.

Key Concepts:

  • Cold Wallet — Wallet that keeps private keys offline for maximum security.
  • Self-Custody — Direct control of crypto assets without third-party reliance.
  • Multisig Wallet — Wallet requiring multiple private keys to authorize transactions.

Wallet Type Control Security Level Best For
Multisig Wallet Requires multiple signatures Very High DAOs, shared treasuries, joint accounts
Hardware Wallet Single private key on device High Long-term cold storage
Custodial Wallet Third-party holds keys Low Exchanges, beginners
Self-Custody Wallet User holds keys directly Medium to High Everyday DeFi and trading

 
« Index