5 Hardware Wallets and Online Payment Service Providers.

Xcelpay|4 min read|Nov 25, 2019

Hardware wallets are considered the safest way to store bitcoin and other cryptocurrencies. These are specialized devices that can sign transactions without revealing a private key. They are less prone to phishing and malware than software wallets, and less vulnerable to hacking than online wallets.

1. TRESOR One

TREZOR One was the first hardware wallet — this wallet allows users to conveniently spend their coins. The appearance of TREZOR is one of the most distinctive features. The device is almost the size of a car key, making it easy to carry. It also comes in various colors. In addition, it comes with a USB cable that can be used to connect to a computer and Cryptosteel to save the initial level of recovery. Regardless of whether your machine is compromised or infected with malware, TREZOR will always be safe to use.

TREZOR supports hundreds of coins and ERC-20 tokens, including LTC, BCH ETH, BTC and DASH, and others.

2. Ledger Nano S

Ledger Nano S may be your favorite hardware wallet if you plan on storing different cryptocurrencies. Although the device is slightly more expensive than its competitors, it is safer and easier to use. The wallet also has the ability to make payments quickly.

The wallet comes with items such as a micro-USB cable, a recovery sheet (for recording seeds), one key chain and a lanyard to put the wallet on its neck.

However, one of the main disadvantages of this wallet is its small storage space. To store or use this coin on this wallet, you need to download its specific wallet. Given that the wallet currency only supports two or three applications, this means that users must continue to uninstall and install different applications when using a large number of coins.

Ledger Nano S is the number one hardware wallet for many users, especially because it protects their tokens and allows them to easily use them. The wallet is also convenient for beginners and supports various cryptocurrencies, including Stratis, Dash, Zcash, Litecoin, Ethereum and Bitcoin.

3. CoolWallet S

CoolWallet S is quite different from other hardware wallets such as Trezor and Ledger. A thin electronic device generates and stores user private keys. The device

is between offline (cold) and online (hot) wallets. It can connect to mobile phones or any other device that supports NFC or Bluetooth technology.

CoolWallet S is waterproof and has a screen that displays your password and seeds, acting as a protection layer. The screen is also used when sending funds. This feature ensures that no one sees your confidential information displayed on the screen unless they are filming or standing behind you.

CoinWallet S supports cryptocurrencies such as Bitcoin, Ripple, Ethereum and ERC-20 tokens and others. In addition, it supports other lesser-known coins, such as BDG and JAYZ. The wallet comes with a charging cable, a plastic charger and a recovery card.

4. KeepKey Wallet

KeepKey has become one of the leading hardware wallets, giving its customers access to some of the leading cryptocurrencies. A hierarchical deterministic (HD) device allows users to create and store an unlimited number of private keys. If you have different cryptocurrencies, the equipment supports NMC, LTC, ETH, DOGE, DASH, BCH and BTC.

KeepKey is compatible with Android, Linux, Mac and PC. It also works with mycelium, MultiBit and Electrum. However, to use this device on a PC, you must have Google Chrome installed. Although this wallet is slightly more expensive than most of its competitors, it has a digital screen and a metal case, which makes it difficult to break when dropped. In addition, the wallet provides a high level of security for its users.

5. BitBox Wallet

BitBox is the perfect device for anyone looking for a cheap but reliable hardware wallets. This Swiss device allows users to send, receive and store cryptocurrencies such as Ether, Bitcoin and others. The wallet comes with microSD, which is used to back up several private keys, which eliminates the need to write them.

BitBox offers free mobile applications for iOS and Android, which allow users to easily manage their funds. It is compatible with Linux, Mac and Windows operating systems. It is also easy to set up and use a wallet. However, the device does not have a screen. In addition, he does not support as many coins as some of his competitors.

While you are choosing hardware Wallet, please make sure you already have our digital payment wallet — XcelPay Wallet, because it is an easy to use payment solution that provides security for your cryptos assets and your transactions. You can download the latest version of XcelPay Wallet 2.0.28 with new interactive UI and wallet recovery with ETH private key. Xcel Pay Wallet is a commercial POS, digital payment wallet and crypto payment gateway.

A crypto wallet is the first step to using bitcoins or crypto. When you travel, do not forget to replenish your mobile tariff plan on XcelPay. The XcelPay Wallet allows you to top-up mobile phone plans with 900 different carrier services and in 160 countries, with Ethereum and Bitcoin

 

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Xcelpay,Hardware wallet,Crypto wallet,Blockchain techenology,Digital payment wallet ,BTC,ETH

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