What are the most secure money apps for storing cryptocurrencies in 2017?
Igor VasconcelosDec 16, 2021 · 3 years ago1 answers
In 2017, which money apps were considered the most secure for storing cryptocurrencies? I'm looking for recommendations on apps that prioritize security and provide a safe environment for storing digital currencies.
1 answers
- Dec 16, 2021 · 3 years agoIn 2017, there were a few money apps that stood out for their secure storage of cryptocurrencies. One of the most popular choices was the Ledger Nano S, a hardware wallet that offers offline storage and advanced security features. With the Ledger Nano S, your private keys are stored on a secure chip, making it extremely difficult for hackers to access your funds. Another highly recommended option was the Trezor wallet, which also provides offline storage and supports a wide range of cryptocurrencies. Both of these wallets prioritize security and have a strong reputation in the crypto community. If you prefer a mobile wallet, you might consider using Jaxx. While mobile wallets are generally considered less secure than hardware wallets, Jaxx has implemented several security measures to protect your cryptocurrencies. These include PIN protection, encryption, and backup options. It's important to note that no wallet is completely foolproof, so it's always a good idea to take additional precautions to secure your funds.
Related Tags
Hot Questions
- 72
How does cryptocurrency affect my tax return?
- 62
What are the best practices for reporting cryptocurrency on my taxes?
- 48
What are the tax implications of using cryptocurrency?
- 45
Are there any special tax rules for crypto investors?
- 45
What are the best digital currencies to invest in right now?
- 31
How can I protect my digital assets from hackers?
- 28
What are the advantages of using cryptocurrency for online transactions?
- 19
How can I buy Bitcoin with a credit card?