Crypto Wallets: 3 Best Cryptocurrency Drive Storage Pros and Cons

The number of cryptocurrencies that are coming out are truly outstanding and the initial coin offering available today are looking quite promising too. The biggest issue that people have with any kind of valuable digital possession is the safety involved. There are many who say that digital wallets for proper coin storage are very safe and they can’t be hacked, but certain situations have proven otherwise and some hackers are skilled enough to make this happen. This is the main reason why looking for a reliable drive storage option is going to be important. This is going to allow you to keep your files stored outside of the internet and this is the best way to increase your security.

A huge problem that people face in modern times is that they don’t have proper understanding on how cyber security works. There are quite a few people who feel that their cryptocurrency is protected if they leave it store in these online wallets. The truth is that there is a decent amount of protection, but hacking has already been possible even with the best and most secure wallets, so there is the need for other options to increase peace of mind about this.

Crypto Drive storage is the solution

Anyone who wants to keep their coins stored safely for a long time need to consider drive storage. The best way to achieve this is to store them in a drive storage in order to avoid problems with hackers. This works because you store them in any location that is not accessible for the internet. The most reliable method to counter hacking is to keep your information stored out of the web. Hackers can’t touch anything outside of the internet without physically trying to steal it, so this is definitely the best and most reliable method to do this. There are currently a few options that are available for storage but we are going to be talking about the 3 that have been most popular and safe.

LedgerNano

The Ledge Nano drive Storage is perfect for multiple coins and it has a simple interface that allows you to plug it to save your coins easily without concerns. The Ledger Nano has a good price tag that goes at around $80, and the value is quite high in terms of durability. In the end, this is going about personal preference, but this one is extremely easy to use and to maintain, so a huge number of people are always using it for their needs. Basically a handful of people have ever complained about any drive storage so far, so things are looking good.

Trezor

This is definitely the most popular of all of the current drive storage options. The interface is quite easy to use and the process of storing your coins in it is extremely simple to say the least. This is the reason why so many individuals prefer this particular solution over the other available drives right now. You can find Trezor for about $90 or less in many stores and you can find lower prices deals in some stores too.

Keepkey

This is a new drive storage that also offers a perfect solution for those who are looking to get results. The main issue with Keepkey is that there is a small number of people to how new it is, but there are several reviews available in major online stores and they all seem to say that it has been a good purchase. The price is somewhat higher than the others at $120 at most stores, but things are definitely good for this particular drive in the coming months and years. The major advantages and the disadvantages of drive storage.

So far, we have talked about the importance and the value of these drives, but we need to consider the pros and cons that are also common with them.

Pros

  • Very safe
  • PIN for extra security
  • Proper offline drive storage
  • Long lasting

Cons

  • The drive could be physically stolen
  • The PIN is vulnerable to hacks
  • They are somewhat expensive
  • Very few options available

So now you have heard the essentials on these drives and you know about those that are worth looking into. Now the next step is to consider if you have an amount of digital currency in your possession that makes it viable to purchase a drive storage. For example, if someone has a couple of Bitcoins, they are storing something that is quite valuable at thousands of dollars, so the idea of securing those coins offline is definitely good, but other coins can have a low amount of value and you might not need to be storing them in these drives right  now.

The most affordable drive storage option

A good old USB can also be used for this purpose, but there is a much higher risk that comes with lack of encryption use by these USB drives which meant for regular storage of data. This could easily be infected with a virus and hacked by inexperienced hackers with little knowledge. Not only that, but a standard USB is also likely to stop working for no apparent reason and your data could end up being corrupted if that happened. Think of a USB as an emergency solution if you have an urgent need to protect your coins offline and avoid any kind of hacks, but investing in a good drive is going to be quite essential. That is if you want to get optimal results that will provide a huge amount of peace of mind when you someone is storing a powerful number of coins in one location. You really want to avoid losing everything just because you really wanted to get cheapest solution currently available.

You don’t have to be worried about the sort of storage that you will use as long as you can physically keep it safely stored. If you do use a USB, you need to remember the importance of using USB storage brands that are reliable enough to handle any temperature changes or any possible external damage, but we do recommend for anyone to consider the drive storage as the best investment for this purpose. It’s the most reliable option for anyone who is serious about cryptocurrency safety and storage and will allow you to keep things in order.


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