Best Beginner Friendly Crypto Wallet: Offline Storage & Seed Phrase Protection

Cryptocurrency, for many people, represents a new age of finance. Unparalleled freedom and anonymity have made the prospect of getting into the market all but irresistible. But with any new technological revolution comes new risks.

This is especially true with cryptocurrency. Scams, phishing attacks, and direct theft have led many to be wary of the technology as a whole. Worse yet, it has created an environment where the only option for beginners is to place their trust in a custodial exchange platform, which eliminates many of the benefits of dealing in blockchain assets to begin with.

While a cold wallet is truly the only safe option when it comes to crypto, many beginners fear that they will not be able to use the tech properly, and will lose access to their hard-earned assets. However, with The Crypto Merchant's new products , that no longer has to be the case.

They have recently updated their inventory to bring the Bitbox Hardware Wallet to their customers, which is not only secure but affordable as well. With these new products, they have set out to provide an accessible and secure crypto cold wallet option that can prevent you from getting burned and disillusioned by improper security measures.

Another problem that the company has set out to solve with this launch is the fact that even when people do buy hardware wallets for offline storage, it can be extremely easy to lose access to that wallet. If you lose the PIN or the seed phrase related to a specific wallet, the cryptocurrency inside is as good as gone.

In the company’s own words, “Moving your cryptoassets to a hardware wallet is an important first step to achieving security, but it's not enough to achieve complete protection. Setting up a hardware wallet without properly backing up your seed phrase still leaves your assets vulnerable to theft, loss, or damage.”

The Bitbox wallet can be used in tandem with other products from The Crypto Merchant, such as the Billfodl seed phrase storage device, to ensure that one never loses access to their crypto assets. The Billfodl securely stores the private keys for crypto wallets like Bitbox, ensuring that one never loses access to their assets.

The Bitbox is compatible with Bitcoin, Ethereum, Litecoin, and all ERC20 tokens, and can be securely connected to all current-gen Apple and Microsoft devices. Additional support also exists for Android mobile platforms, ensuring that the assets in the wallet can be accessed from anywhere.

This device has been built with Swiss engineering standards in mind, and using fully open-source software for full transparency. The device also features protective hardware, with secure removable chip protection in order to make the device inaccessible in the event of loss or theft.

If you're looking for a wallet option that will protect you without requiring complex encryption systems to be in place, then Bitbox is for you. Shop now on The Crypto Merchants to find discounts, package deals, and more for a limited time only.

To see their full selection of crypto security products, visit https://www.thecryptomerchant.com

Sponsor Ads

• Ad Space Available - Rent it Now!

Report this Page

Created on Nov 8th 2022 02:01. Viewed 154 times.

Share on APSense

Comments