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• Hardware Wallets Explained: How They Work & How to Use Them Like a Whale

Hardware Wallets Explained: How They Work & How to Use Them Like a Whale

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It’s absolutely critical that you use every available measure of protection to safeguard your holdings. Learn the in's and out's of hardware wallets with BitPay.
Summary Hardware wallets keep cryptocurrency in offline or “cold” storage, meaning they’re not connected to the internet. They’re physical devices, typically resembling a USB stick, which function as stripped-down, single-purpose computers. With a hardware wallet, crypto transactions are digitally signed within the device using your private key, then securely uploaded to the blockchain via a crypto bridge. Hardware wallets start around $30 and can cost as much as $100. They provide users with to

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