Computers and phones get hacked.
Websites run illicit code to steal passwords. Phishers trick people into clicking links that steal information from their computers.
Chainlink Review 2020: LINK Potential
A line of defence to keep our coins from being siphoned out of our crypto wallets is essential.
And that's a hardware wallet.
Hardware wallets plug into your computer like a USB stick, and they have one job- to be a firewall between your Chainlink and the outside world.
To do this, they encrypt the private keys to your cryptocurrency wallets so that no-one- not even you- can know them. That way only someone with physical access to your hardware wallet- and who also knows its password- has a chance to access and move your coins.
Which hardware wallets support Chainlink?
Hardware wallets made by Ledger and Trezor support the storage and sending of Chainlink.
Where do I get a hardware wallet?
Our recommendation is to either get a Ledger Nano S from their official website or Amazon, or a Trezor from their official site or Amazon.
The Nano S makes it easy to manage your coins- it's compact and discreet, and wallet management is achieved through a small LCD screen and two buttons.
The Trezor is just as easy to use, small and also featuring two buttons, with a lot of information packed into its small LCD screen.
Here's the Ledger setup guide, and the Trezor user manual.