Toptube Video Search Engine

#CryptoWallets #HardwareWallets #Ledger #Trezor #KeepKey #ColdCard #BitBox02 JOIN THE COMMUNITY: http://www.patreon.com/investanswers DISCLAIMER: InvestAnswers does not provide financial, investment, tax, or legal advice. None of the content on the InvestAnswers channels is financial, investment, tax, or legal advice and should not be taken as such; the content is intended only for educational and entertainment purposes. InvestAnswers (James) shares some of his trades as learning examples but they are only relevant to his specific portfolio allocation, risk tolerance & financial expertise, may not constitute a comprehensive or complete discussion of such topics, and should not be emulated. The content of this video is solely the opinion(s) of the speaker who is not a licensed financial advisor or registered investment advisor. Trading equities or cryptocurrencies poses considerable risk of loss. Kindly use your judgment and do your own research at all times. You are solely responsible for your own financial, investing, and trading decisions. The Ultimate Hardware Wallet Review 0:00 Different Wallet Types 1:00 What is a Hardware Wallet A hardware wallet is a wallet that stores your seed and private keys in a secure physical device Hardware wallets protect against cyberattacks by air gaping your private key from the internet 1:35 Private Key vs Seed Private Key - The keys that unlock your bitcoin. Your device manages these securely for you Seed - Set of words used to generate your private keys 2:00 Seed Phrase - Private Key - Public Key 2:16 A multisig wallet requires more signatures to sign a transaction 2:55 Wallet Threats Threat: Cyber Attacks Threat: Physical Attacks 4:13 Threat: $5 Wrench Attack 4:35 Threat: Yourself 5:30 Hardware Wallet Evaluation Framework 6:00 BitBox02 BitBox02 is a Swiss-produced hardware wallet designed for security and simplicity. 6:30 BitBox02 Security 7:00 Transparency and Privacy User Friendliness and Cost Transparency Coin Support / Integrations 8:00 BitBox02 Evaluation 8:30 Coldcard is a minimalist Bitcoin-only wallet that’s open-source and secure Coldcard Mk3 10:12 Coldcard Mk3 Evaluation 10:30 Ledger Nano S and X Ledger Nano S and X are multi coin hardware wallets Most popular hardware wallets on the market 12:34 Ledgers have the most coin support and integrations of any devices Security Transparency and Privacy User Friendliness and Cost 12:55 Ledger Nano X Evaluation 13:50 Ledger Nano S Evaluation 14:14 Trezor One and T Trezor One and T are multi-coin hardware wallets that are well known and popular on the market Security Transparency and Privacy User Friendliness and Cost Coin Support / Integrations 16:05 Trezor One Evaluation 16:40 Trezor Model T Evaluation KeepKey KeepKey is a multi-coin hardware wallet produced by ShapeShift designed to be secure, simple, and affordable. 16:55 Keep Key Evaluation 18:50 Conclusion part One Most secure Bitbox and ColdCard. Most friendly - Trezor One, T and KeepKey. Most coins Ledger X and S. Best overall a Tie between Bitbox2 and Trezor One but it depends on your persona. 19:25 Conclusion Part Two Winners Most secure Bitbox and ColdCard. Most friendly - Trezor One, T and KeepKey. Most coins Ledger X and S. Best overall a Tie between Bitbox2 and Trezor One but it depends on your persona. 20:00 Risk Mitigation Strategies Keep a secure backup of your seed Keep them in different locations Keep a dummy key Practice how to restore your crypto, backup seed and multi-sig Configure your Duress Pin Want more? (you know what to do!)