A hardware wallet is a cryptocurrency wallet which stores the user’s private keys (critical piece of information used to authorise outgoing transactions on the blockchain network) in a secure hardware device. The main principle behind hardware wallets is to provide full isolation between the private keys and your easy-to-hack computer or smartphone.

1. What is SafePal SafePal is a secure and user-friendly hardware wallet designed for the masses. It is also the first hardware wallet brand invested by Binance, one of the biggest exchanges worldwide.

The original hardware wallet: securely hold your crypto assets. The Ledger Nano S is built around the most secure type of chip on the market, ensuring optimal security for your crypto.