Many cryptocurrency investors prefer a hardware wallet to manage their digital assets. Hardware wallets are physical devices that store cryptocurrencies. They contain private keys in an offline mode and does not have connections to the internet hence they are safe from attacks. Hardware wallets are compatible with several apps like Ledger live Chinese that acts as an interface to manage coins. You have to buy the secure wallets from the official ledger website. These wallets have a minimal and simple design, which reduce the overall attack surface.
Hardware wallets only sign transactions, and to prepare the transactions and broadcast them to the network, you need to use another device that is connected to the internet. For that, you have to download software program Ledger live Chinese to interact with the hardware wallet. Because hardware wallets allow the only specific type of information such as transaction data.
To start the transaction, we have to enter the pin in Ledger hardware wallet. Remember the 24 words seed that is given to you for initializing the hardware wallet. If any other get your seed phrase, they can access it. You have to keep it a secure place. Also, keep in mind that the legitimate ledger services never ask you for the 24 words.
It is essential to buy the ledger hardware wallet from a reliable source. The ledger wallet comes with the display screen that displays the seed phrase and used to send cryptocurrencies. The ledger hardware wallet comes with a stainless-steel body that is more durable and portable.