{"id":7493,"date":"2021-07-29T13:41:37","date_gmt":"2021-07-29T01:41:37","guid":{"rendered":"https:\/\/cryptocurrency.org.nz\/?p=7493"},"modified":"2024-02-02T15:15:35","modified_gmt":"2024-02-02T02:15:35","slug":"hardware-wallets-nz","status":"publish","type":"post","link":"https:\/\/cryptocurrency.org.nz\/wallets\/hardware-wallets-nz\/","title":{"rendered":"Hardware Wallets NZ &#8211; New Zealand&#8217;s Cryptocurrency Guide (2024)"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"7493\" class=\"elementor elementor-7493\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f5726bb e-flex e-con-boxed e-con e-parent\" data-id=\"f5726bb\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4094603 elementor-widget elementor-widget-text-editor\" data-id=\"4094603\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Hardware wallets are\u00a0<strong>the safest way to store your cryptocurrency<\/strong>\u00a0in New Zealand.\u00a0<\/span><\/p><p><span style=\"color: #000000;\">Whether you\u2019re holding<\/span>\u00a0<a class=\"rank-math-link\" href=\"https:\/\/cryptocurrency.org.nz\/get-started\/what-is-bitcoin-nz\/\">Bitcoin<\/a>,\u00a0<a class=\"rank-math-link\" href=\"https:\/\/cryptocurrency.org.nz\/get-started\/what-is-ethereum-nz\/\">Ethereum<\/a>, <span style=\"color: #000000;\">or a multitude of coins, hardware wallets provide a safe and easy vault for you to stash you<\/span>r\u00a0<a class=\"rank-math-link\" href=\"https:\/\/cryptocurrency.org.nz\/guides\/crypto-investing-nz\/\">NZ crypto investments<\/a>\u00a0<span style=\"color: #000000;\">long term.<\/span><\/p><p><span style=\"color: #000000;\">Follow our guide to learn everything you need to know about hardware wallets in NZ &#8211; including how they work, how much they cost, and where to buy hardware wallets in NZ.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-36bbff6 e-flex e-con-boxed e-con e-parent\" data-id=\"36bbff6\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1454738 elementor-widget elementor-widget-text-editor\" data-id=\"1454738\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p class=\"has-text-align-center\" style=\"text-align: center;\"><span style=\"color: #000000;\"><strong>Related Guides:<\/strong><\/span><\/p>\n<p class=\"has-text-align-center\" style=\"text-align: center;\"><a href=\"https:\/\/cryptocurrency.org.nz\/buy-cryptocurrency-nz\/\"><strong>How to&nbsp;<\/strong><b>B<\/b><strong>uy Cryptocurrency in NZ \u2013 Step-by-Step Guide (2024)<\/strong><\/a><\/p>\n<p class=\"has-text-align-center\" style=\"text-align: center;\"><a href=\"https:\/\/cryptocurrency.org.nz\/wallets\/trezor-hardware-wallet-nz\/\" target=\"_blank\" rel=\"noopener\"><b>Trezor Hardware Wallet \u2013 New Zealand\u2019s Ultimate Guide (2024)<\/b><\/a><\/p>\n<p class=\"has-text-align-center\" style=\"text-align: center;\"><a href=\"https:\/\/cryptocurrency.org.nz\/wallets\/ledger-hardware-wallet-nz\/\"><b>Ledger Hardware Wallet \u2013 New Zealand\u2019s Ultimate Guide (2024)<\/b><\/a><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ec46bf2 elementor-widget elementor-widget-text-editor\" data-id=\"ec46bf2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Cryptocurrency NZ Recommendation\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-40a15be e-flex e-con-boxed e-con e-child\" data-id=\"40a15be\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-fc13d2c e-con-full e-flex e-con e-child\" data-id=\"fc13d2c\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f603e29 elementor-widget elementor-widget-image\" data-id=\"f603e29\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"288\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/07\/Trezor-wallet-NZ-logo-1024x288.png\" class=\"attachment-large size-large wp-image-7520\" alt=\"\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/07\/Trezor-wallet-NZ-logo-1024x288.png 1024w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/07\/Trezor-wallet-NZ-logo-300x84.png 300w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/07\/Trezor-wallet-NZ-logo-768x216.png 768w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/07\/Trezor-wallet-NZ-logo-1536x432.png 1536w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/07\/Trezor-wallet-NZ-logo-2048x576.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-14479a3 elementor-widget elementor-widget-heading\" data-id=\"14479a3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Trezor Model T <\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-196cc3f e-con-full e-flex e-con e-child\" data-id=\"196cc3f\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2c12744 elementor-widget elementor-widget-text-editor\" data-id=\"2c12744\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Purchase Cost:<\/strong> $219<\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>Cloud Storage:<\/strong> No<\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>Cold Storage:<\/strong> Yes<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4ea242f elementor-align-center elementor-widget elementor-widget-button\" data-id=\"4ea242f\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm elementor-animation-grow\" href=\"https:\/\/trezor.io\/?transaction_id=1023b37e62d4c394eb8a1df4e65a98&#038;offer_id=133&#038;affiliate_id=9874\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Buy Wallet<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-08bf34d e-con-full e-flex e-con e-child\" data-id=\"08bf34d\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-164ae4a elementor-widget elementor-widget-toggle\" data-id=\"164ae4a\" data-element_type=\"widget\" data-widget_type=\"toggle.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-toggle\">\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2331\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2331\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Why Cryptocurrency NZ Chooses It<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2331\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2331\"><p><span style=\"color: #000000;\">At<\/span> <a href=\"https:\/\/cryptocurrency.org.nz\/\">Cryptocurrency NZ<\/a><span style=\"color: #000000;\">, we endorse the Model T as our preferred hardware wallet for several reasons, with security being at the forefront. The Model T offers robust security features, including offline storage of private keys and the availability of a physical security key, which provides an extra layer of protection against threats.\u00a0<br \/><\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2332\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-2332\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Pros & Cons <\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2332\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-2332\"><p style=\"text-align: center;\"><span style=\"color: #000000;\"><strong>Pros of Trezor Model T:\u00a0<br \/><\/strong><\/span><\/p><p><span style=\"color: #000000;\"><strong><span class=\"notion-enable-hover\" data-token-index=\"0\"><span role=\"img\" aria-label=\"\u2714\ufe0f\">\u2714\ufe0f\u00a0<\/span><\/span>Versatile Crypto Support<\/strong>: Trezor stands out for its compatibility with a array of currencies, enabling users to store multiple assets in one wallet.<\/span><\/p><p><span style=\"color: #000000;\"><strong><span class=\"notion-enable-hover\" data-token-index=\"0\"><span role=\"img\" aria-label=\"\u2714\ufe0f\">\u2714\ufe0f <\/span><\/span>Available Touch Screen<\/strong>: The presence of a touch screen on certain models of Trezor enhances user interaction and navigation. This feature contributes to a more intuitive and user-friendly experience.<\/span><\/p><p style=\"text-align: left;\"><span style=\"color: #000000;\"><strong><span class=\"notion-enable-hover\" data-token-index=\"0\"><span role=\"img\" aria-label=\"\u2714\ufe0f\">\u2714\ufe0f <\/span><\/span>Highly Secure<\/strong>: Trezor is renowned for its robust security measures. By storing private keys offline in the hardware wallet, it provides optimal protection against online threats such as phishing attacks and malware.\u00a0<br \/><\/span><span style=\"color: #000000;\"><strong><br \/><\/strong><\/span><\/p><p style=\"text-align: center;\"><span style=\"color: #000000;\"><strong>Cons of Trezor Model T:<\/strong><\/span><\/p><p><span style=\"color: #000000;\"><span class=\"notion-enable-hover\" data-token-index=\"0\"><span role=\"img\" aria-label=\"\u274c\">\u274c\u00a0<strong>Security key exclusive to Model T<\/strong><\/span><\/span><strong>:<\/strong> While the Trezor Model T offers the added security of a physical security key, other Trezor models lack this feature.\u00a0 \u00a0<\/span><\/p><p><span style=\"color: #000000;\"><strong><span class=\"notion-enable-hover\" data-token-index=\"0\"><span role=\"img\" aria-label=\"\u274c\">\u274c\u00a0<\/span><\/span>Relatively High Cost<\/strong>: Compared to some software wallets, Trezor hardware wallets are relatively more expensive. The investment in hardware security might deter budget-conscious users or those with smaller crypto holdings.<\/span><\/p><p><span style=\"color: #000000;\"><strong><span class=\"notion-enable-hover\" data-token-index=\"0\"><span role=\"img\" aria-label=\"\u274c\">\u274c\u00a0<\/span><\/span>Not Beginner-Friendly<\/strong>: Trezor\u2019s advanced security features and configuration options may overwhelm beginners new to crypto. The setup process to operate the hardware wallet effectively may require some technical knowledge.<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2333\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-2333\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Overview<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2333\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-2333\"><p><span style=\"color: #000000;\">The <a href=\"https:\/\/trezor.io\/?transaction_id=1023b37e62d4c394eb8a1df4e65a98&amp;offer_id=133&amp;affiliate_id=9874\" target=\"_blank\" rel=\"noopener\">Trezor Model T Wallet<\/a> is a cutting-edge hardware wallet designed to provide top-notch security for managing cryptocurrency assets. With its sleek design and user-friendly touch screen, the Model T stands out as a versatile solution.<\/span><\/p><p><span style=\"color: #000000;\">One of its distinguishing features is the availability of a security key, which further enhances the protection of your private keys and sensitive information. This hardware-based security approach significantly reduces the risk of unauthorized access. For New Zealanders seeking a secure and efficient way to safeguard their digital assets, such as their <a href=\"https:\/\/cryptocurrency.org.nz\/get-started\/what-is-bitcoin-nz\/\">Bitcoin<\/a> the Trezor Model T Wallet is an excellent choice. <\/span><\/p><p><span style=\"color: #000000;\">To learn more about the features and benefits of Trezor Wallet, we recommend checking out our comprehensive guide,<\/span> &#8220;<a href=\"https:\/\/cryptocurrency.org.nz\/wallets\/trezor-hardware-wallet-nz\/\">What is Trezor Hardware Wallet NZ.<\/a>&#8220;<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9b57d95 e-flex e-con-boxed e-con e-child\" data-id=\"9b57d95\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-64c6c21 e-con-full e-flex e-con e-child\" data-id=\"64c6c21\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bc2a2e8 elementor-widget elementor-widget-image\" data-id=\"bc2a2e8\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"375\" height=\"150\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/07\/Ledger-wallet-NZ-logo.png\" class=\"attachment-large size-large wp-image-7521\" alt=\"Ledger NZ Crypto Wallet\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/07\/Ledger-wallet-NZ-logo.png 375w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/07\/Ledger-wallet-NZ-logo-300x120.png 300w\" sizes=\"(max-width: 375px) 100vw, 375px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-48c9352 elementor-widget elementor-widget-heading\" data-id=\"48c9352\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Ledger Nano X<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-287c89b e-con-full e-flex e-con e-child\" data-id=\"287c89b\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6527320 elementor-widget elementor-widget-text-editor\" data-id=\"6527320\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Purchase Cost:<\/strong>\u00a0$287<\/span><\/p><p><span style=\"color: #000000;\"><strong>Cloud Storage:<\/strong>\u00a0No<\/span><\/p><p><span style=\"color: #000000;\"><strong>Cold Storage:<\/strong> Yes<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-629f6c5 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"629f6c5\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm elementor-animation-grow\" href=\"https:\/\/shop.ledger.com\/products\/ledger-nano-x\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Buy Wallet<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c32ddb8 e-con-full e-flex e-con e-child\" data-id=\"c32ddb8\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c5e0e4c elementor-widget elementor-widget-toggle\" data-id=\"c5e0e4c\" data-element_type=\"widget\" data-widget_type=\"toggle.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-toggle\">\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2071\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2071\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Why Cryptocurrency NZ Chooses It<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2071\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2071\"><p><span style=\"color: #000000;\"><a href=\"https:\/\/cryptocurrency.org.nz\/\">Cryptocurrency NZ<\/a> chooses <a href=\"https:\/\/shop.ledger.com\/products\/ledger-nano-x\" target=\"_blank\" rel=\"noopener\">Ledger Nano X<\/a> as our top choice for hodling. <\/span><\/p><p><span style=\"color: #000000;\">Its secure offline wallet, protected by a metallic strip, ensures physical protection. The 100mAh battery, PIN code, and seed phrase add an extra layer of security, making it a reliable option for safeguarding and hodling cryptocurrency assets.<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2072\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-2072\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Pros & Cons<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2072\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-2072\"><p style=\"text-align: center;\"><span style=\"color: #000000;\"><strong>Pros Of Ledger Nano X:<\/strong><\/span><\/p><ul><li><p><span style=\"color: #000000;\"><strong><span class=\"notion-enable-hover\" data-token-index=\"0\"><span role=\"img\" aria-label=\"\u2714\ufe0f\">\u2714\ufe0f <\/span><\/span>Intuitive Ledger Live Interface<\/strong>: Ledger Live boasts an intuitive and convenient user interface, simplifying crypto management for users.<\/span><\/p><\/li><li><p><span style=\"color: #000000;\"><strong><span class=\"notion-enable-hover\" data-token-index=\"0\"><span role=\"img\" aria-label=\"\u2714\ufe0f\">\u2714\ufe0f <\/span><\/span>Support for 100 Apps<\/strong>: The Ledger Nano X can support up to 100 apps, allowing users to store and manage multiple cryptocurrencies effortlessly.<\/span><\/p><\/li><li><p><span style=\"color: #000000;\"><strong><span class=\"notion-enable-hover\" data-token-index=\"0\"><span role=\"img\" aria-label=\"\u2714\ufe0f\">\u2714\ufe0f <\/span><\/span>Open-Source Software with Community Support<\/strong>: Being open-source, Ledger&#8217;s software benefits from customer and community contributions.<\/span><\/p><\/li><\/ul><p style=\"text-align: center;\"><span style=\"color: #000000;\"><strong>Cons Of Ledger Nano X:<\/strong><\/span><\/p><ul><li><p><span style=\"color: #000000;\"><strong><span class=\"notion-enable-hover\" data-token-index=\"0\"><span role=\"img\" aria-label=\"\u274c\">\u274c <\/span><\/span>Potential Bluetooth Cyberattack<\/strong>: The Bluetooth integration, while convenient, introduces a potential cyberattack vector (although USB-C remains an option).<\/span><\/p><\/li><li><p><span style=\"color: #000000;\"><strong><span class=\"notion-enable-hover\" data-token-index=\"0\"><span role=\"img\" aria-label=\"\u274c\">\u274c <\/span><\/span>Bluetooth Feature Still Maturing<\/strong>: The Bluetooth feature is still under development and not yet perfected, which may raise security concerns.<\/span><\/p><\/li><li><p><span style=\"color: #000000;\"><strong><span class=\"notion-enable-hover\" data-token-index=\"0\"><span role=\"img\" aria-label=\"\u274c\">\u274c <\/span><\/span>Unavailable Bluetooth with Desktop<\/strong>: The current limitation of unavailable Bluetooth support with desktops may inconvenience some users.<\/span><\/p><\/li><\/ul><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2073\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-2073\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Overview<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2073\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-2073\"><p><span style=\"color: #000000;\">The Ledger Nano X is the second-gen hardware wallet by Ledger, a French company established in 2014. Resembling a USB drive, it connects via USB or Bluetooth to iOS and Android devices, supporting over 5,500 tokens with continuous updates.<\/span><\/p><p><span style=\"color: #000000;\"> Ledger Live software complements the cold storage wallet, allowing easy management of diverse portfolios. With widespread popularity, the Ledger offers versatility by connecting via USB-C or OTG cable for smartphones.<br \/><\/span><\/p><div class=\"group w-full text-token-text-primary border-b border-black\/10 dark:border-gray-900\/50 bg-gray-50 dark:bg-[#444654]\"><div class=\"flex p-4 gap-4 text-base md:gap-6 md:max-w-2xl lg:max-w-[38rem] xl:max-w-3xl md:py-6 lg:px-0 m-auto\"><div class=\"relative flex w-[calc(100%-50px)] flex-col gap-1 md:gap-3 lg:w-[calc(100%-115px)]\"><div class=\"flex flex-grow flex-col gap-3\"><div class=\"min-h-[20px] flex flex-col items-start gap-3 overflow-x-auto whitespace-pre-wrap break-words\"><div class=\"markdown prose w-full break-words dark:prose-invert dark\"><p><span style=\"color: #000000;\">For more in-depth information about Ledger Nano X , <a href=\"https:\/\/cryptocurrency.org.nz\/\">Cryptocurrency NZ<\/a> recommend checking out our comprehensive &#8220;<a href=\"https:\/\/cryptocurrency.org.nz\/wallets\/ledger-hardware-wallet-nz\/\">What is Ledger Wallet NZ<\/a>&#8221; guide.<\/span><\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9d87497 e-flex e-con-boxed e-con e-parent\" data-id=\"9d87497\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3462110 elementor-widget elementor-widget-image\" data-id=\"3462110\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"767\" height=\"409\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/07\/Trezor-NZ-Ledger-NZ-hardware-wallet.png\" class=\"attachment-large size-large wp-image-7537\" alt=\"\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/07\/Trezor-NZ-Ledger-NZ-hardware-wallet.png 767w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/07\/Trezor-NZ-Ledger-NZ-hardware-wallet-300x160.png 300w\" sizes=\"(max-width: 767px) 100vw, 767px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3214e36 elementor-widget elementor-widget-heading\" data-id=\"3214e36\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is a Cryptocurrency Hardware Wallet ?\n<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-28d119f elementor-widget elementor-widget-text-editor\" data-id=\"28d119f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">A hardware wallet is a type of<\/span>\u00a0<a href=\"https:\/\/cryptocurrency.org.nz\/wallets\/\" target=\"_blank\" rel=\"noopener\">crypto wallet<\/a>\u00a0<span style=\"color: #000000;\">that stores your<\/span>\u00a0<a class=\"rank-math-link\" href=\"https:\/\/www.investopedia.com\/terms\/p\/private-key.asp\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">private keys<\/a>\u00a0<span style=\"color: #000000;\">in a\u00a0<strong>secure physical device<\/strong>, such as the multi-coin hardware wallets offered<\/span> <span style=\"color: #000000;\">by\u00a0<\/span><a class=\"rank-math-link\" href=\"https:\/\/cryptocurrency.org.nz\/trezor-hardware-wallet-nz\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Trezor\u00a0<\/a><span style=\"color: #000000;\">and<\/span>\u00a0<a href=\"https:\/\/cryptocurrency.org.nz\/wallets\/ledger-hardware-wallet-nz\/\" target=\"_blank\" rel=\"noreferrer noopener\">Ledger<\/a>.<\/p>\n<p><span style=\"color: #000000;\">Whenever you make an outbound transaction from a hardware wallet, you\u2019re required to physically approve the transaction from your device, via a connection to your PC or mobile.<\/span><\/p>\n<p><span style=\"color: #000000;\">Your private keys never leave your wallet so they\u2019re virtually impossible to be penetrated or infected; hence why hardware wallets are known as the apex of crypto wallet security.<\/span><\/p>\n<p><span style=\"color: #000000;\">A hardware wallet\u00a0<em>simply put<\/em>, is a very basic computer that\u2019s been stripped down to the bare necessities. The only capabilities of them are to store your private keys offline and sign transactions offline, making them\u00a0<strong>virtually immune to online hacking attempts<\/strong>.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-aa1a938 e-flex e-con-boxed e-con e-parent\" data-id=\"aa1a938\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e006ad4 elementor-widget elementor-widget-heading\" data-id=\"e006ad4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Pros and Cons of Hardware Wallets<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-cb7bbf0 e-flex e-con-boxed e-con e-parent\" data-id=\"cb7bbf0\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-85142b5 e-con-full e-flex e-con e-child\" data-id=\"85142b5\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-249fac7 elementor-widget elementor-widget-heading\" data-id=\"249fac7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Pros<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-57082e1 elementor-widget elementor-widget-text-editor\" data-id=\"57082e1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li><span style=\"color: #000000;\"><strong><strong><span data-token-index=\"0\"><span role=\"img\" aria-label=\"\u2714\ufe0f\">\u2714\ufe0f\u00a0<\/span><\/span><\/strong>Highest Security<\/strong>\u00a0\u2013 Hardware wallets offer the highest level of security for crypto storage.<br \/><br \/><\/span><\/li><li><span style=\"color: #000000;\"><strong><strong><span data-token-index=\"0\"><span role=\"img\" aria-label=\"\u2714\ufe0f\">\u2714\ufe0f\u00a0<\/span><\/span><\/strong>Multi-coin Support<\/strong>\u00a0\u2013 Storing all of your assets in one place easily enables users to keep track of and trade or spend your cryptocurrencies.<br \/><br \/><\/span><\/li><li><span style=\"color: #000000;\"><strong><strong><span data-token-index=\"0\"><span role=\"img\" aria-label=\"\u2714\ufe0f\">\u2714\ufe0f\u00a0<\/span><\/span><\/strong>Pin Protected<\/strong>\u00a0\u2013 Most hardware wallets enable extra security through a pin or password so your funds cannot be randomly accessed if the hardware is stolen.<\/span><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7fc16c6 e-con-full e-flex e-con e-child\" data-id=\"7fc16c6\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f851078 elementor-widget elementor-widget-heading\" data-id=\"f851078\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Cons<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b5e9148 elementor-widget elementor-widget-text-editor\" data-id=\"b5e9148\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div><ul><li><span style=\"color: #000000;\"><strong><strong><span data-token-index=\"0\"><span role=\"img\" aria-label=\"\u274c\">\u274c\u00a0<\/span><\/span><\/strong>Price<\/strong>\u00a0\u2013 Hardware wallets can be rather expensive.\u00a0($150 \u2013 $300+ NZD)\u00a0<br \/><br \/><\/span><\/li><li><span style=\"color: #000000;\"><strong><strong><span data-token-index=\"0\"><span role=\"img\" aria-label=\"\u274c\">\u274c\u00a0<\/span><\/span><\/strong>Replicas<\/strong>\u00a0\u2013 Due to the high price, people naturally attempt to find a cheaper place to purchase, sometimes this results in these people being<\/span>\u00a0<a href=\"https:\/\/www.forbes.com\/sites\/leemathews\/2021\/06\/18\/cybercrooks-are-mailing-users-fake-ledger-devices-to-steal-their-cryptocurrency\/?sh=1eb063cddbad\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">scammed with \u2018fake\u2019 hardware wallets.<\/a><br \/><br \/><\/li><li><span style=\"color: #000000;\"><strong><strong><span data-token-index=\"0\"><span role=\"img\" aria-label=\"\u274c\">\u274c\u00a0<\/span><\/span><\/strong>Limited Accessibility<\/strong>\u00a0\u2013 In order to make a transaction from your hardware wallet you must connect it to your pc or smartphone.\u00a0 Although this increases security, it decreases accessibility (this is easily solved by using both cold storage and hot wallet simultaneously).<\/span><\/li><\/ul><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-125ab8c e-flex e-con-boxed e-con e-parent\" data-id=\"125ab8c\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a693f7a elementor-widget elementor-widget-heading\" data-id=\"a693f7a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Why Hardware Wallets Are The Best Wallets<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b37552e elementor-widget elementor-widget-text-editor\" data-id=\"b37552e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>In the realm of NZ crypto wallet security, hardware wallets such as Trezor and Ledger are hailed as the apex of safeguarding digital assets. <u>Their fundamental strength lies in their offline operation<\/u>, ensuring that private keys, (the critical access points to funds), remain untouched by potential online threats. This is why they are called &#8216;cold storage&#8217; wallets.<\/p><p>Traditional software (online) wallets often fall prey to malware and phishing attacks, compromising the security of private keys. In contrast, hardware wallets are inherently immune to such threats. These devices execute transactions within the confines of a secure physical environment, keeping private keys isolated from malicious actors.<\/p><p><span style=\"color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); text-align: var(--text-align); background-color: var(--nv-site-bg); letter-spacing: 0px;\">Tamper-evident packaging is another feature of hardware wallets, ensuring the integrity of the device by alerting users if it has been tampered with or opened. Additionally, these wallets generate a recovery seed phrase during setup, serving as a crucial backup. This seed enables users to restore their funds on a new device in case the original is lost or damaged, emphasizing the importance of secure offline storage for this backup.<\/span><\/p><p>Despite their advanced security features, hardware wallets are designed to be user-friendly. Equipped with intuitive interfaces, hardware wallets cater to both beginners and experienced users. Reputable manufacturers also commit to regular firmware updates, addressing potential vulnerabilities and reinforcing security measures.\u00a0<\/p><p>In summary, the robust security mechanisms, offline operation, and user-friendly design position hardware wallets as the preferred choice for individuals seeking the highest level of security for their cryptocurrency holdings &#8211; essential for holding crypto long term.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-91e61c2 elementor-widget elementor-widget-heading\" data-id=\"91e61c2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How to Buy a Hardware Wallet in NZ<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-cdfe26c e-flex e-con-boxed e-con e-parent\" data-id=\"cdfe26c\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-40ffc54 elementor-widget elementor-widget-text-editor\" data-id=\"40ffc54\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">It is always recommended to buy your hardware wallet directly from the manufacturer, rather than from places such as TradeMe due to the threat of tampered-with wallets.<\/span><\/p><p><span style=\"color: #000000;\">However,\u00a0<strong>there are a number of trusted vendors within NZ<\/strong>\u00a0that stock brand-new, authentic cryptocurrency hardware wallets, such as the Trezor model T or Ledger Nano X.\u00a0<\/span><\/p><p><span style=\"color: #000000;\"><strong>Note;<\/strong>\u00a0<em>if you\u2019re ever worried you\u2019re late to the crypto party<\/em>, remember Noel Leeming, Harvey Norman, and JBHIFI are yet to stock any type of Bitcoin or cryptocurrency wallet in NZ.<\/span><\/p><p><span style=\"color: #000000;\">Buying from the Trezor or Ledger website is theoretically the safest option, but buying from within NZ means you get your wallet delivered to you faster. This decision is on you.<\/span><\/p><ul><li><span style=\"color: #000000;\"><strong>Trezor official website<\/strong>\u00a0\u2013<\/span>\u00a0<a class=\"rank-math-link\" href=\"https:\/\/trezor.io\/?offer_id=12&amp;aff_id=9874\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">https:\/\/trezor.io<\/a><br \/><br \/><\/li><li><span style=\"color: #000000;\"><strong>Ledger official website<\/strong>\u00a0\u2013<\/span>\u00a0<a href=\"https:\/\/shop.ledger.com\/?r=3a9d15ac830e\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/shop.ledger.com\/<\/a><br \/><br \/><\/li><li><span style=\"color: #000000;\"><strong>EasyCrypto Shop<\/strong>\u00a0\u2013\u00a0<\/span><a class=\"rank-math-link\" href=\"https:\/\/shop-nz.easycrypto.ai\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">https:\/\/shop-nz.easycrypto.ai\/<\/a><br \/><br \/><\/li><li><span style=\"color: #000000;\"><strong>Crypto Store NZ<\/strong>\u00a0\u2013<\/span>\u00a0<a class=\"rank-math-link\" href=\"https:\/\/www.cryptostore.net.nz\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">https:\/\/www.cryptostore.net.nz\/<\/a><br \/><br \/><\/li><li><span style=\"color: #000000;\"><strong>Coined NZ<\/strong>\u00a0\u2013<\/span>\u00a0<a class=\"rank-math-link\" href=\"https:\/\/coined.nz\/ledger\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">https:\/\/coined.nz\/ledger\/<\/a><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-399fad1 e-flex e-con-boxed e-con e-parent\" data-id=\"399fad1\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b6fd0d6 elementor-widget elementor-widget-image\" data-id=\"b6fd0d6\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"491\" height=\"207\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/07\/Hardware-wallet-nz-trezor-vs-ledger.png\" class=\"attachment-large size-large wp-image-7513\" alt=\"\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/07\/Hardware-wallet-nz-trezor-vs-ledger.png 491w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/07\/Hardware-wallet-nz-trezor-vs-ledger-300x126.png 300w\" sizes=\"(max-width: 491px) 100vw, 491px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b76f62c e-flex e-con-boxed e-con e-parent\" data-id=\"b76f62c\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-93e290f elementor-widget elementor-widget-heading\" data-id=\"93e290f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Trezor vs Ledger <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-700d8f2 e-flex e-con-boxed e-con e-parent\" data-id=\"700d8f2\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5b7021d elementor-widget elementor-widget-text-editor\" data-id=\"5b7021d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">At <a href=\"https:\/\/cryptocurrency.org.nz\/\">Cryptocurrency NZ<\/a>, we strongly endorse Trezor and Ledger as the two most reputable hardware wallet providers. Both companies excel in security, offering excellent options.<\/span><\/p>\n<p><span style=\"color: #000000;\">While most hardware wallets serve the same purpose, there are notable differences between Trezor and Ledger products. Our personal preference leans towards the Trezor Model T, but both brands are industry leaders with outstanding options to explore.<\/span><\/p>\n<p><span style=\"color: #000000;\">Below, we highlight key features and differences between the latest and most advanced wallets from both companies &#8211; the Trezor Model T and the Ledger Nano X.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-da64e38 e-flex e-con-boxed e-con e-parent\" data-id=\"da64e38\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-fce5a02 elementor-widget elementor-widget-image\" data-id=\"fce5a02\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"235\" height=\"405\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/12\/Screen-Shot-2021-12-14-at-8.11.03-PM.png\" class=\"attachment-large size-large wp-image-9032\" alt=\"Trezor T confirm - long bottom\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/12\/Screen-Shot-2021-12-14-at-8.11.03-PM.png 235w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/12\/Screen-Shot-2021-12-14-at-8.11.03-PM-174x300.png 174w\" sizes=\"(max-width: 235px) 100vw, 235px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-82bbbdc elementor-widget elementor-widget-heading\" data-id=\"82bbbdc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Trezor Hardware Wallet <\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8a2d5f5 elementor-widget elementor-widget-text-editor\" data-id=\"8a2d5f5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li><span style=\"color: #000000;\"><strong>Ease of use \u2013\u00a0<\/strong>Trezor T devices are extremely easy to use and set up. They are rated slightly higher in ease of use than the Ledger equivalent due to their large colour touchscreen (240\u00d7240 pixels).\u00a0<br \/><br \/><\/span><\/li><li><span style=\"color: #000000;\"><strong>Application \u2013<\/strong>\u00a0Trezor offers two applications that can be used in conjunction with the hardware wallet,<span style=\"color: #0000ff;\">\u00a0<a class=\"rank-math-link\" style=\"color: #0000ff;\" href=\"https:\/\/wiki.trezor.io\/Apps:Trezor_Wallet\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Trezor Wallet<\/a><\/span>\u00a0and\u00a0<span style=\"color: #0000ff;\"><a class=\"rank-math-link\" style=\"color: #0000ff;\" href=\"https:\/\/wiki.trezor.io\/Apps:Trezor_Suite\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Trezor Suite<\/a><\/span>. These applications are multifunctional platforms designed to increase the ease of configuring and managing Trezor devices. Currently the apps are only available to download on PC, however\u00a0<span style=\"color: #0000ff;\"><a class=\"rank-math-link\" style=\"color: #0000ff;\" href=\"https:\/\/www.investopedia.com\/trezor-vs-ledger-5193580#:~:text=Although%20Trezor%20doesn%E2%80%99t%20currently%20have%20a%20mobile%20app%2C%20the%20company%20plans%20to%20introduce%20one%20in%20the%20fourth%20quarter%20of%202021\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Trezor have plans to introduce a mobile app<\/a>.<br \/><br \/><\/span><\/span><\/li><li><span style=\"color: #000000;\"><strong>Price \u2013<\/strong> The Trezor model T is priced at $270 NZD (at the time of writing).<br \/><br \/><\/span><\/li><li><span style=\"color: #000000;\"><strong>Supported Coins \u2013<\/strong>\u00a0Trezor hardware wallets support over 1800<span style=\"color: #0000ff;\"><a class=\"rank-math-link\" style=\"color: #0000ff;\" href=\"https:\/\/trezor.io\/coins\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">\u00a0different cryptocurrencies<\/a><\/span>, although this number is likely to increase.<br \/><br \/><\/span><\/li><li><span style=\"color: #000000;\"><strong>Connectivity \u2013\u00a0<\/strong>Trezor devices are connected to your computer or phone via a USB-C cable (currently Trezor devices can only<a class=\"rank-math-link\" style=\"color: #000000;\" href=\"https:\/\/wiki.trezor.io\/User_manual:Using_Trezor_with_Android\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">\u00a0<span style=\"color: #0000ff;\">connect to android phones<\/span><\/a>, though it is likely this will become available in the future for iphones as well). Trezor has opted out of offering a bluetooth connectivity function to reduce the wallet\u2019s exposure.<br \/><br \/><\/span><\/li><li><span style=\"color: #000000;\"><strong>Open Source \u2013\u00a0<\/strong>Since day one everything about Trezor hardware wallets has been<a class=\"rank-math-link\" style=\"color: #000000;\" href=\"https:\/\/blog.trezor.io\/open-source-and-hardware-obsolescence-ce526d5eec8f\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">\u00a0<span style=\"color: #0000ff;\">completely open source<\/span><\/a>, meaning anyone can view and audit their hardware or software; this consequently strengthens the security of their product as everything gets tested by a great number of experts.<br \/><br \/><\/span><\/li><li><span style=\"color: #000000;\"><strong>Features \u2013<\/strong>Wallets enable you to send, store, receive, and <a class=\"rank-math-link\" style=\"color: #000000;\" href=\"https:\/\/trezor.io\/wallet\/#:~:text=Buy%2C%20exchange%2C%20sell%2C%20or%20just%20HODL\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">trade<\/a>\u00a0your cryptocurrencies as well as<span style=\"color: #0000ff;\">\u00a0<a class=\"rank-math-link\" style=\"color: #0000ff;\" href=\"https:\/\/wiki.trezor.io\/Transaction_fee#:~:text=Trezor%20Wallet%20allows%20you%20to%20determine%20the%20size%20of%20the%20fee%20to%20send%20with%20a%20transaction\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">control the transaction fees<\/a><\/span>\u00a0according to your personal needs.<br \/><br \/><\/span><\/li><li><span style=\"color: #000000;\"><strong>Exodus Partnership \u2013\u00a0<\/strong>Trezor have partnered up with\u00a0<span style=\"color: #0000ff;\"><a class=\"rank-math-link\" style=\"color: #0000ff;\" href=\"https:\/\/cryptocurrency.org.nz\/exodus-wallet-nz\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Exodus<\/a>\u00a0<\/span>to offer users the ability to manage and exchange their crypto assets securely from Exodus using the safety of a Trezor hardware wallet. See the video below \ud83d\ude42<\/span><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c0d2c35 e-flex e-con-boxed e-con e-parent\" data-id=\"c0d2c35\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c194ccf elementor-widget elementor-widget-image\" data-id=\"c194ccf\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"233\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/07\/ledger-Nano-X-NZ-welcome.jpeg\" class=\"attachment-large size-large wp-image-7539\" alt=\"\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/07\/ledger-Nano-X-NZ-welcome.jpeg 700w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/07\/ledger-Nano-X-NZ-welcome-300x100.jpeg 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b0f745 elementor-widget elementor-widget-heading\" data-id=\"6b0f745\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Ledger Hardware Wallet<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0a54835 elementor-widget elementor-widget-text-editor\" data-id=\"0a54835\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li><span style=\"color: #000000;\"><strong>Ease of use \u2013 <\/strong>The<span style=\"color: #0000ff;\">\u00a0<a style=\"color: #0000ff;\" href=\"https:\/\/shop.ledger.com\/?r=3a9d15ac830e&amp;tracker=MY_TRACKER\" target=\"_blank\" rel=\"noopener\">Ledger nano X<\/a>\u00a0<\/span>is also relatively easy to use and set up. Although the screen is slightly larger than their previous model, with 128\u00d764 pixels it still falls short in comparison to that of the Trezor.<br \/><br \/><\/span><\/li><li><span style=\"color: #000000;\"><strong>Application \u2013\u00a0<\/strong>Ledger also offers\u00a0<span style=\"color: #0000ff;\"><a class=\"rank-math-link\" style=\"color: #0000ff;\" href=\"https:\/\/www.ledger.com\/academy\/hardwarewallet\/what-are-ledger-applications-and-why-do-i-need-them\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">applications<\/a>\u00a0<\/span>(<span style=\"color: #0000ff;\"><a class=\"rank-math-link\" style=\"color: #0000ff;\" href=\"https:\/\/www.ledger.com\/ledger-live\/download\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">for both mobile and PC<\/a><\/span>) to assist in managing your crypto assets, additionally each cryptocurrency has its own \u2018app\u2019 that can be downloaded onto the hardware wallet; this can be rather tedious in comparison to Trezor devices which come preloaded with the equivalent capabilities.<br \/><br \/><\/span><\/li><li><span style=\"color: #000000;\"><strong>Price \u2013<\/strong>\u00a0The Ledger Nano X is priced at $230 NZD (at the time of writing).<br \/><br \/><\/span><\/li><li><span style=\"color: #000000;\"><strong>Supported Coins \u2013\u00a0<\/strong>The Ledger Nano X currently supports over 1800 different tokens and the device can be downloaded with up to 100 \u2018apps\u2019 at the same time. The number of supported tokens is likely to increase as new tokens gain traction.<br \/><br \/><\/span><\/li><li><span style=\"color: #000000;\"><strong>Connectivity \u2013\u00a0<\/strong>The Ledger Nano X can be connected both via usb cable as well as bluetooth, the bluetooth function enables connectivity with both android and Apple.<br \/><br \/><\/span><\/li><li><span style=\"color: #000000;\"><strong>Open Source \u2013\u00a0<\/strong>Ledger hardware wallets run on their own closed source operating system (OS). Meaning their OS cannot be audited by third parties.<br \/><br \/><\/span><\/li><li><span style=\"color: #000000;\"><strong>\u00a0Features \u2013\u00a0<\/strong>Ledger hardware wallets enable users to send, store, receive, and as of recently\u00a0<a class=\"rank-math-link\" style=\"color: #000000;\" href=\"https:\/\/www.ledger.com\/blog\/selling-crypto-with-ledger-complete-crypto-journey-now-possible#:~:text=As%20of%20today%2C%20you%20can%20sell%20your%20Bitcoin%20directly%20through%20Ledger%20Live\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\"><span style=\"color: #0000ff;\">sell cryptocurrencies<\/span><\/a>\u00a0directly through the wallet as well as determine the network fee you pay based on your preferences.<\/span><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-518da37 e-flex e-con-boxed e-con e-parent\" data-id=\"518da37\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8c8d19c elementor-widget elementor-widget-heading\" data-id=\"8c8d19c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Hardware Wallet Security <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f758125 e-flex e-con-boxed e-con e-parent\" data-id=\"f758125\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-fce3141 elementor-widget elementor-widget-heading\" data-id=\"fce3141\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Fundamental <\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9bb8b4d elementor-widget elementor-widget-text-editor\" data-id=\"9bb8b4d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Hackers with the intention to steal your cryptocurrency might attempt to use malware to access your computer or view your screen, if the malware infected computer is running your cryptocurrency wallet then your private keys could subsequently be exposed; allowing the hacker to send your cryptocurrency wherever they choose.<\/span><\/p>\n<p><span style=\"color: #000000;\">Keeping in mind the logic that the more complex a device is, the more opportunities hackers have to infiltrate it; hardware wallets being stripped down to the bare necessities means that because they are so \u201csimple\u201d it\u2019s practically\u00a0<strong>impossible to infect<\/strong>\u00a0them with any type of malware or malicious code.\u00a0<\/span><\/p>\n<p><span style=\"color: #000000;\">Hardware wallets can not connect to the internet or run complicated applications, they are simply a form of storing your private keys offline; also known as cold storage, unlike a hot wallet which can connect to the internet.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-84f6645 e-flex e-con-boxed e-con e-parent\" data-id=\"84f6645\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ec70c84 elementor-widget elementor-widget-heading\" data-id=\"ec70c84\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Password Protection<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cdcf765 elementor-widget elementor-widget-text-editor\" data-id=\"cdcf765\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Both Trezor and Ledger wallets can be set up with an on-device password\/pin of your choice to add an extra layer of security. This will prevent your keys from being accessed in the case of your hardware wallet being stolen or found by someone other than yourself.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7a97bdf e-flex e-con-boxed e-con e-parent\" data-id=\"7a97bdf\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2936661 elementor-widget elementor-widget-heading\" data-id=\"2936661\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Password Protection<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0df3aab elementor-widget elementor-widget-text-editor\" data-id=\"0df3aab\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Trezor and Ledger can both be set up to have multiple pass-phrases linked to different sub-wallets. This can be used to protect your funds in situations like being physically threatened and forced to unlock the wallet <\/span><a class=\"rank-math-link\" href=\"https:\/\/bitcoinmagazine.com\/culture\/the-5-wrench-attack-and-your-bitcoin-stack\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">(also known as the $5 wrench attack)<\/a>.<\/p>\n<p><span style=\"color: #000000;\">To utilize this function you would set up a \u2018dummy wallet\u2019, with a specific password that you would use in the event of being physically threatened; the idea is that the thief would get away with a small portion of your actual holdings, and you will get away free.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7ebfd85 e-flex e-con-boxed e-con e-parent\" data-id=\"7ebfd85\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3f3ffef elementor-widget elementor-widget-heading\" data-id=\"3f3ffef\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Self-Destruct Function\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-538f142 elementor-widget elementor-widget-text-editor\" data-id=\"538f142\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">The Trezor hardware wallet has the option to set up a<span style=\"color: #0000ff;\">\u00a0<a class=\"rank-math-link\" style=\"color: #0000ff;\" href=\"https:\/\/wiki.trezor.io\/User_manual:Wipe_code#:~:text=Wipe%20code%20is%20an%20advanced,for%20Trezor%20One%20and%202.3.\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">\u2018wipe code\u2019<\/a><\/span>\u00a0which will cause the device to metaphorically self-destruct. The wipe code is an advanced feature of the Trezor wallet which will erase all data from the device, it is by no means mandatory to have enabled, however it can be a deterrent to thieves.<\/span><\/p>\n<p><span style=\"color: #000000;\">Consider a scenario where someone has discovered your hardware wallet and is attempting to gain access to your funds, if you had your \u2018wipe code\u2019 written down somewhere near your Trezor as a decoy pin; someone entering this code would cause the device to erase itself and this will deter them from stealing your cryptocurrencies.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3552555 e-flex e-con-boxed e-con e-parent\" data-id=\"3552555\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c0ac9a4 elementor-widget elementor-widget-heading\" data-id=\"c0ac9a4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What if I lose my Hardware Wallet? <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4838fcc elementor-widget elementor-widget-text-editor\" data-id=\"4838fcc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">In the event of your hardware wallet being lost or destroyed (or self destructed), this doesn\u2019t mean your crypto is gone forever; your funds are still accessible to you through the use of a secret recovery phrase.<\/span><\/p><p><span style=\"color: #000000;\">You can enter your recovery phrase on a new device to recover full access to your cryptocurrency; however it is instrumental that when setting up your hardware wallet for the first time you keep this phrase properly secured, anyone with access to your recovery phrase\u2026..well it goes without saying.\u00a0<\/span><\/p><p><strong><span style=\"color: #000000;\">Below we have listed some good security measures everyone should practice:<\/span><\/strong><\/p><ul><li><span style=\"color: #000000;\">Write your recovery phrase down on a piece of paper and keep it in a safe place.<\/span><\/li><li><span style=\"color: #000000;\">Never take a photo of the phrase.<\/span><\/li><li><span style=\"color: #000000;\">Never enter your hardware wallet\u2019s recovery phrase on any computer or smartphone.<\/span><\/li><li><span style=\"color: #000000;\">Never tell anyone your recovery phrase.<\/span><\/li><li><span style=\"color: #000000;\">Don\u2019t tell anyone that you don\u2019t trust 100% how much crypto you are holding.<\/span><\/li><\/ul><div>\u00a0<\/div><div>We highly recommend reading\u00a0<a href=\"https:\/\/cryptocurrency.org.nz\/wallets\/how-to-backup-your-crypto-wallet\/\" target=\"_blank\" rel=\"noopener\">our NZ crypto wallet recovery\/backup guide<\/a>, as this will equip you with the knowledge required to safely backup your Bitcoin\/crypto holdings.\u00a0<\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-dade857 e-flex e-con-boxed e-con e-parent\" data-id=\"dade857\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-80e6236 elementor-widget elementor-widget-image\" data-id=\"80e6236\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"589\" height=\"586\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/07\/CNZ-Favicon-Maker.png\" class=\"attachment-large size-large wp-image-17010\" alt=\"Cryptocurrency NZ Logo\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/07\/CNZ-Favicon-Maker.png 589w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/07\/CNZ-Favicon-Maker-300x298.png 300w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/07\/CNZ-Favicon-Maker-150x150.png 150w\" sizes=\"(max-width: 589px) 100vw, 589px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5c35a26 elementor-widget elementor-widget-heading\" data-id=\"5c35a26\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Cryptocurrency NZ Final Verdict <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dec5ac4 elementor-widget elementor-widget-text-editor\" data-id=\"dec5ac4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Using a hardware wallet to store your private keys offline is the safest way for you to store your cryptocurrency, but your hardware wallet is only as safe as you allow it to be.<\/span><\/p><p><span style=\"color: #000000;\">You should never tell people how much crypto you\u2019re holding, never disclose your private keys or recovery phrases (to anyone or on any device that connects to the internet), never put yourself in a position to be vulnerable to a \u2018$<\/span><a href=\"https:\/\/steemit.com\/bitcoin\/@jamesjones\/protect-yourself-against-usd5-wrench-attacks\" target=\"_blank\" rel=\"noopener\">5 wrench attack<\/a><span style=\"color: #000000;\">\u2019, and always double check addresses before signing off on transactions &#8211; never try manually type wallet addresses.\u00a0<\/span><\/p><p><span style=\"color: #000000;\">Both the\u00a0<\/span><a href=\"https:\/\/cryptocurrency.org.nz\/wallets\/trezor-hardware-wallet-nz\/\" target=\"_blank\" rel=\"noopener\">Trezor model T<\/a><span style=\"color: #000000;\">\u00a0and the\u00a0<\/span><a href=\"https:\/\/cryptocurrency.org.nz\/wallets\/ledger-hardware-wallet-nz\/\" target=\"_blank\" rel=\"noopener\">Ledger Nano X<\/a><span style=\"color: #000000;\">\u00a0are excellent options for hardware wallets in NZ and we encourage you to do your own research to see which suits your preferences.<\/span><\/p><p><span style=\"color: #000000;\">We at<\/span> <a href=\"https:\/\/cryptocurrency.org.nz\/\">Cryptocurrency NZ<\/a> <span style=\"color: #000000;\">actively use and would recommend the Trezor T due to its simplicity in operation, sleek design and large touch screen, compatibility with Exodus, as well as the <a href=\"https:\/\/blog.trezor.io\/open-source-and-hardware-obsolescence-ce526d5eec8f#:~:text=the%20founders%20believe%20in%20the%20power%20of%20open%20source\" target=\"_blank\" rel=\"noopener\">founder\u2019s belief in the power of open source.<\/a>\u00a0The Trezor is the most highly respected hardware wallet producer in the world, a wallet used by thousands of Kiwis.<\/span><\/p><p><span style=\"color: #000000;\">We hope this guide has provided you with value in one way or another, and hope we\u2019ve encouraged you to make the next step in securing your Bitcoin other crypto wallets in NZ.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Ready to take the next step in crypto storage security? Follow our simple guide to find out which hardware wallet is the best for you and how to buy hardware wallets in NZ. \ud83d\udd12<\/p>\n","protected":false},"author":7,"featured_media":7494,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"off","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[94],"tags":[],"_links":{"self":[{"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/posts\/7493"}],"collection":[{"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/comments?post=7493"}],"version-history":[{"count":155,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/posts\/7493\/revisions"}],"predecessor-version":[{"id":23322,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/posts\/7493\/revisions\/23322"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/media\/7494"}],"wp:attachment":[{"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/media?parent=7493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/categories?post=7493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/tags?post=7493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}