Crypto hackers HATE this one simple trick. Avoid hot wallets – keep your coins offline instead! The Crypto Merchant is here to tell you why…
Saunas and steam rooms are great places to get your sweat on - but heat isn’t always the best idea. For cryptocurrency investors, the hotter the wallet, the bigger the risk to their assets. The Crypto Merchant is in full agreement, and it wants to make sure you understand the difference between what’s hot and what’s not. Read its expert report to learn why you need to keep your coins on ice… not online!
Click here >> https://www.thecryptomerchant.com/blogs/resources/what-is-one-potential-risk-associated-with-a-cryptocurrency-hot-wallet
This vaunted, celebrated wallet reseller is here to teach you about one of the single most prominent vulnerabilities of hot wallets. While online storage systems are built to help you retain convenient access to your assets, digital hackers can breach and exploit such channels for their own criminal purposes. Don't fall into the trap!
Even worse, it’s a threat that’s always there. Constant network connectivity allows you to monitor and manage your holdings at any time, that’s true. But consider this: chronically online hackers enjoy similar privileges. That means your Bitcoin and other valuable digital assets are in danger - all the time.
In other words, if you store the bulk of your cryptocurrencies online, you should be prepared for your data to be stolen via the same means. An acceptable risk? I think not. You need a viable alternative, and The Crypto Merchant knows one.
“For this reason, many aficionados for cryptocurrencies advise keeping more digital assets in a hardware wallet,” explains its report. “Hardware wallets virtually prevent hackers from gaining access to your private keys since they keep them offline.”
Yes, hardware wallets are a superior storage option in terms of security. And in an era where cryptocurrency continues to trend upwards, there’s never too much security. More investors are entering this industry than ever, and if you’re a recent newcomer, The Crypto Merchant recommends that you keep your newfound assets offline - not online!
Hardware wallets allow you to do exactly that. Utilizing “cold storage,” these wallets are designed to shield the private keys that grant access to your cryptocurrencies in a manner that’s far more difficult for hackers to outmaneuver. Advantage: you!
Such wallets also offer added peace of mind in the form of the much-heralded “seed phrase.” This feature acts as a backup access route for crypto held in hardware wallets. So, if your original wallet is lost, stolen, or damaged beyond repair, there’s no need to worry. Your seed phrase will stop you from losing access to your hard-earned assets - instead, restoring your funds via another device.
There’s a lot more to learn about hardware wallets, but as an authorized reseller, The Crypto Merchant has your back. Visit https://www.thecryptomerchant.com/ today!
