What is your recommendation on the most secure cryptocurrency wallet for business purposes and why?

Question

Hey Doc!

What is your recommendation on the most secure cryptocurrency wallet for business purposes and why?

Appreciate your help!

Answer 1

Hello,

If you see the 'Crypto Rules' Image shared at this answer , the second point is about getting a hardware wallet.

For business purposes I would recommend a cold storage wallet, and there are many which have established a name in the market by now. Paper wallets are fine too but they do not provide the added security which a hardware wallet would give.

Recommended Hardware Wallets

• Ledger Nano
• Trezor

Why a Hardware Wallet

Well, because its secure as its offline and the only real way of keeping your "private keys" secure .. 

Hope it helps

Comments

Thanks for the prompt answer!