Which non-custodial wallets are recommended for securely storing digital assets?

3 answers

• Dec 26, 2021 · 3 years ago
  One highly recommended non-custodial wallet for securely storing digital assets is Ledger Nano S. It is a hardware wallet that provides offline storage and supports a wide range of cryptocurrencies. With its secure chip and PIN code protection, it offers an extra layer of security for your assets. Additionally, it has a user-friendly interface and is compatible with various operating systems. Another popular option is Trezor Model T. It is also a hardware wallet that offers secure offline storage. It features a touch screen and supports multiple cryptocurrencies. It has a strong reputation for its security features and ease of use. If you prefer a software wallet, you can consider using Exodus. It is a non-custodial wallet that allows you to store your digital assets securely on your own device. It has a beautiful interface and supports a wide range of cryptocurrencies. However, it's important to note that software wallets are more susceptible to malware and hacking compared to hardware wallets, so it's crucial to take necessary precautions to protect your assets.
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• Dec 26, 2021 · 3 years ago
  When it comes to securely storing digital assets, it's important to choose a non-custodial wallet that puts you in control of your private keys. This means that you have full ownership and control over your assets, as opposed to custodial wallets where a third party holds your private keys on your behalf. By using a non-custodial wallet, you eliminate the risk of losing your assets due to exchange hacks or other security breaches. Some other recommended non-custodial wallets include MyEtherWallet (MEW) for Ethereum-based assets, Trust Wallet for mobile devices, and Atomic Wallet for multi-currency support. It's always a good idea to do your own research and choose a wallet that best suits your needs and preferences. Remember to keep your private keys secure and consider using additional security measures such as two-factor authentication (2FA) to further protect your assets.
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• Dec 26, 2021 · 3 years ago
  At BYDFi, we highly recommend using the Ledger Nano X as a non-custodial wallet for securely storing your digital assets. It is a hardware wallet that offers advanced security features such as Bluetooth connectivity, secure element chip, and a large capacity for storing multiple cryptocurrencies. With its user-friendly interface and mobile app, it provides a convenient and secure solution for managing your digital assets. Remember to always purchase hardware wallets from official sources to avoid counterfeit products and ensure the security of your assets.
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