🔒Keeping your Bitcoin safe

Your Bitcoin is precious. Keep it safe.

Always store your Bitcoin in a hardware wallet (often referred to as cold storage), which is a physical device not connected to the internet, making it less vulnerable to online hacking.

Hardware wallets like Trezor or Ledger are recommended, and it is essential to keep your private key and recovery seed secure. Be cautious of phishing attempts and scams. Avoid storing large amounts of Bitcoin in exchanges or online wallets, as they are more susceptible to hacks. Moreover, never share your private keys with anyone, as losing control of your private keys means losing your Bitcoin

Cold Wallets to consider:

1. Trezor Model T:

   • Why Choose It: Trezor Model T is the second generation of hardware wallets created by Satoshi Labs. It is chosen for its strong security features and track record. It supports a broad array of cryptocurrencies including Bitcoin, Ethereum, Ripple, Cardano, Monero, among others.

   • Pros: It secures private keys on the device, making it impossible to retrieve them remotely. The device's code is open-source and audited by security researchers. It also allows access to third-party exchanges directly in its web interface.

   • Cons: It has a higher price point and small touchscreen which can be confusing for first-time users.

2. Ledger Nano X:

   • Why Choose It: Ledger Nano X is one of the most popular cold wallets known for its security. It is highly portable and supports a wide range of cryptocurrencies.

   • Pros: It offers integration with various software wallets and exchanges. Ledger Nano X is considered very secure and is also relatively easy to use.

   • Cons: Its security features might make it slightly less user-friendly for absolute beginners.

Ledger setup using sparrow wallet by @itsfranken