Report post

How does a hardware wallet work?

A hardware wallet has the private key stored directly within it and does not expose that private key. However, signing a transaction “with” a USB drive would require you to go into that USB drive, copy/paste your key from a file, and sign your transaction that way.

What is a digital wallet?

A digital wallet is an online payment tool that allows you to record payment information on a smartphone or smartwatch. Most digital wallets will let you add debit cards, credits cards, or gift cards to your virtual wallet. You might also be able to add rewards cards from retailers or tickets for events.

Can you afford a hardware wallet?

If you can afford crypto, you can afford a hardware wallet. TL;DR: A USB drive can only act as storage for your keys and leaves you open to attack whenever you access it. A hardware wallet has your private key within it, never exposes that key, and requires physical confirmation to send a transaction.

Is Google Wallet a wallet?

It’s not a wallet. It’s Google Wallet. Keep everything protected in one place, no matter where you go with the new Google Wallet. Access essentials like your payments cards, loyalty cards, concert tickets, and more - all from your Android phone. A faster, safer, easier way to pay.

The World's Leading Crypto Trading Platform

Get my welcome gifts