In the light of recent changes to Ledger’s policies that may risk the security of seed phrases, it is increasingly essential to explore and understand alternative methods to secure your digital assets, including Non-Fungible Tokens (NFTs) and cryptocurrencies. This article will explore some of the best alternative options available, offering a comprehensive guide to help you make informed decisions.
1. Trezor
Trezor is a reputable hardware wallet that securely stores your private keys offline while enabling you to carry out transactions online. By storing keys offline, Trezor protects your digital assets from online threats. It is crucial to always purchase your Trezor wallet directly from the manufacturer to avoid counterfeit products.
2. Cold Wallets
Cold wallets are hardware wallets that are disconnected from the internet, rendering them impervious to online hacking attempts. This method ensures the utmost security for your digital assets. However, physical security is equally important when using cold wallets.
3. Safe (Formerly gnosis)
Gnosis Safe introduces…