💰 After the recent news about the Ledger vulnerability, the question of choosing where to store your cryptocurrency has become a hot topic. Importance of Hardware Wallets Hardware wallets (aka cold wallets) are devices designed to securely store private keys. With their help, you can access your cryptocurrency. These devices provide a level of security that is much better than software wallets or centralized exchanges, which are more susceptible to hacking and theft. While hardware wallets provide good security, they are only as reliable as the methods YOU use to back up and restore your funds! If you lose your initial phrase backup, you lose access to your wallet! Tell us about your experience with cold wallets in comments And maybe share some of the best lifehacks to keep your funds safe 👇