We have been witnesses’ to several hacker attacks since the evolution of Bitcoin. But looks like people are still not paying to much attention to it, which can be confirmed by the most recent attack on NiceHash.com, a cryptocurrency mining service, from where users lost around $70 million worth of Bitcoins. The thing is that people trust mining services and exchanges and store Bitcoins with them, instead of transferring them to a safe wallet. But what is a safe wallet?
Wallets differ among each other in several ways. The most crucial one is separating them on online (hot) and offline (cold) wallets. While online wallets can be point of hackers attack any time, this is not the case with cold hardware wallets, which are the safest way to store Bitcoins. Three of them are among the most popular ones, all cost around $100 and you can buy them easy on Amazon.
1. Ledger Nano S
There are several articles you can find on the web which compare above hardware wallets. My personal favorite is Ledger Nano S.