Crypto Cold Storage

Cold storage aka cold wallets means generating and storing the crypto coin s private keys in an offline environment away from the internet.

Crypto cold storage. The online environment is very vulnerable to hacking as we keep seeing how ransomware extorts many people around the world. Also we can never forget the mt goxincident. Its usb flash drive design means the crypto hardware wallet will fit into your pocket without adding any weight it only weighs around 6g or causing an unsightly bulge. The ledger nano s is one of the most popular cold storage crypto hardware wallets of all.

As far as digital assets are concerned extracting your wealth from cryptocurrency exchanges and custodial wallets to place them in cold storage is a wise course of action. It s the digital equivalent of storing gold in a safe except that unlike a safe so long as proper security procedures are followed cold storage is virtually impenetrable. Storage through a hardware wallet is the mechanism of choice because of the physical security layer afforded by decoupling the encrypted usb devices from the internet. Cold wallets are hardware wallets offline kept paper wallets usb and offline similar data storage devices and even physical bearer items such as physical bitcoins.

Cold wallets have a high level of security for maintaining digital crypto assets. Most cryptocurrency holders use both cold and hot wallets. Cryptocold offers the best cold storage solutions for your cryptocurrency in the form of hardware wallets. For investors retaining assets in a secure environment is absolutely necessary for future proof funds.

However a problem arises because the higher the level of security the less the liquidity and ease of use. The concept of cold storage predates the rise of cryptocurrencies. In the cryptocurrency world cold storage refers to physical objects usually complex yet small devices in which you would store your cryptocurrencies. Cold storage is the preferred storage method for everyone from long term hodlers and bitcoin proponents to institutional custody services like ledger vault who holds millions of dollars in funds.

We carry the best brands in the industry today such as trezor from satoshi labs and ledger wallet with the ledger nano s.