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Hello Hive Fam!
Welcome back to "12 Days of Crypto Christmas" - day eight! It can be hard to come up with gift ideas for the crypto lover in your life, and so for the next twelve days I'll be highlighting a different item that you can actually wrap and put under the tree. 🎄
This series wouldn't be complete without looking at different hardware wallet and cold storage solutions!
So there are a lot of different options in the market at different price points and with varying levels of security. I honestly think a hardware or cold storage device is one of the best gift options you could get because even if the crypto lover in your life already has a hardware wallet - they could always use more.
In fact i’m a really big proponent of using multiple different hardware wallet devices and brands to help keep your funds secure. The reason being that there are a lot of phishing attacks and scammers out there and if all of your cryptos is one device and let’s say you fall for a phishing scam and download a bad version of the app or accidentally give up your keys - then ALL of your crypto could be gone - but if you have it spread between different devices and brands - then that can just be one more layer that you use to protect yourself.
A few hardware wallets or cold storage options that I’ve used and really like are the Ledger nano X, a lot of people really like using trezor too and so that’s a good one to check out. On more of the cold storage front, I have an elipall wallet and a cold card. Another cold storage device that will be launching in the new year that I’m really excited about is Ngrave - so you can check them out too - but it just won’t be available in time for the holidays this year.
If you don’t really know what a hardware wallet is or how it works… I did recently make a video explaining that and so you can check that out for more info if you like.
That’s a wrap on day eight and i’ll be back again tomorrow and then 3 more days after that with more holiday gift ideas.
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