One of the first questions you are likely to ask yourself after deciding to invest in cryptocurrencies is how can keep my investment safe?
It is a very valid question indeed, as the crypto-world is rife with news of hacking, stolen coins, scams, and other nefarious activities.
Traditionally, cryptocurrencies are moved to and from and stored in digital wallets. Most ICOs build a wallet of their own or else recommend using an established and internationally recognized wallet such as MyEtherWallet or Ethereum wallet.
But software-based wallets all have one inherent vulnerability: because they must be connected to the internet to send and receive currencies, they are continually exposed to malicious intervention.
The security-conscious minds within the crypto ecosystem came up with the next iteration in crypto safety: the hardware wallet.
Hardware wallets: securing your investment the hard way
Hardware wallets are physical devices that resemble USB keys.
A hardware wallet has some major security advantages over its software brethren. The vital Private Key is stored offline inside a protected area of a built-in microcontroller, for example, and cannot be transferred out of the device in plain text. And because the wallet is not connected to the internet, it is safe from roaming viruses and other online threats. As of the present time, there have been no verifiable security breaches of a hardware wallet.
And of course, a hardware wallet does not store currency within itself. Instead, it holds the Private Keys associated with any prior transactions, so funds can be unlocked.
Archos Safe-T Mini wallet: hardware-based crypto security taken to the next level
If you are an active member of the crypto community, it makes sense to invest in a hardware wallet. They are secure and inexpensive and can make a huge difference to your peace of mind when it comes to your investment.
Archos is rolling out its Safe-T Mini product, a brand-new hardware wallet that is sure to fulfill all your security expectations.
The company has a long-standing tradition of rolling out high-quality electronics, and its foray into the crypto world is no different.
The Safe-T Mini is a flagship hardware wallet with built-in features to ensure its future-proof usability and versatility.
The security features include:
- Internal, offline Private Key generation & storage
- 6-digit pin code to protect the device against unauthorized access
- Dedicated Encrypted Crypto Mem (Secured EEprom), which requires that all transactions must be validated by physically pushing buttons on the device. This feature is particularly significant as it ensures that transactions cannot be modified remotely.
The Safe-T Mini wallet is compatible with the following currencies:
- Bitcoin (BTC)
- Bitcoin Cash (BCH)
- Bitcoin Gold (BTG)
- Litecoin (LTC)
- Dash (DASH)
- Ether (ETH)
- Ether Classic (ETC)
- Any ERC20 Tokens
The list is inclusive of all major currencies, making the Safe-T Mini an ideal choice. The product is built on an Open Source platform based on the internationally recognized TREZOR software, well known for its security and reliability. The software is available on GitHub, so anyone can view it and test it.
Archos’ French-made Safe-T Mini flagship device represents everything that a hardware wallet should stand for: Security, reliability, and the trust inspired by a company founded three decades ago.