What is a Hardware Wallet?
The short answer
A small physical device that stores private keys completely offline.
See our guide, “How to Set Up a Hardware Wallet,” for the full walkthrough. A meaningful security upgrade once your holdings justify the modest cost.
Related terms
Full glossaryNFT (Non-Fungible Token)
A token representing unique ownership of a specific digital (or sometimes physical) item, unlike a coin where every…
Wallet
Software or hardware that holds your private keys and lets you use crypto — not a place coins…
DCA (Dollar-Cost Averaging)
Buying a fixed amount on a regular schedule, regardless of price, instead of trying to time the market.
Liquidity Pool
A pool of crypto locked in a smart contract that enables trading or lending without a traditional order…
Mining
The process, used by Bitcoin and similar networks, of using computing power to validate transactions and earn new…
Smart Contract
Self-executing code on a blockchain that automatically carries out an agreement without a company in the middle.
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