What is the advantage of keeping your crypto in a hardware wallet?

[King Belieal]

There are two types of crypto wallets. We have the software crypto wallets and we also have the hardware wallets. Most people in crypto are familiar with the software wallet.

What are the real advantages of holding crypto in a hardware wallet?

 

[eLdavis]

The major advantages of a hardware wallet is that it comes with superior security. Unlike other wallets, it stores your private key offline.

 

[Kross]

There is a very slim chance that your offline wallet would be compromised. The possibility is less than 1%.

 

[Suba]

In my personal experience, there are several advantages to storing crypto in a hardware wallet, such as offline storage, which makes it resistant to hacking, and full user control with a PIN and private key.

 

[Nomad]

When you keep your assets in hardware wallet, no one can steal your assets, however, it is still prone to loss or damage.