Owing to the increasing security concerns pertaining to the use of Bitcoin, people are now running after the hardware wallets. Hardware Wallets provide secure means to store your Bitcoins in a physical medium. A hardware wallet is a miniature device which may or may not have a USB plug and it stores the user’s private keys in cold storage. The private keys are stored in a small microcontroller embedded inside the device in such a way that the keys can’t be accessed by any other device, neither can they be transferred or stolen. In this way, a hardware wallet adds an extra layer of protection to the private keys and helps keep your Bitcoins safe and secure. In addition to that, it also prevents your bitcoins against all kinds of malware threats looming around the internet.
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