#CryptoScamSurge yes is a problem and yes there is multiple solutions. Im thinking to moove much of my wallet on binance. To have a safe place on the chain i have thought to use cold storage wallets. Types of Cold Wallets for Bitcoin Let me know in the comments what is your security choice! 1. Hardware Wallets • Description: Physical devices designed to securely store private keys offline. • Function: Keys remain in the device; transactions are signed within the device. • Examples: • Ledger Nano S / X • Trezor Model One / Model T • BitBox02 • Coldcard (BTC-focused) • Keystone (air-gapped) • Pros: • Very secure • Portable • Support for many coins • Cons: • Costly • Must be purchased from official sources
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2. Paper Wallets • Description: Printed or handwritten copies of Bitcoin addresses and private keys. • Function: Generated offline and stored physically. • Tools: Bitaddress.org (offline use), WalletGenerator.net (offline use) • Pros: • Free • Fully offline • Cons: • Can be damaged, lost, or stolen • Not user-friendly • Importing to a hot wallet can expose the private key
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3. Air-Gapped Computers • Description: Computers that are permanently disconnected from the internet. • Function: Used to generate and sign transactions offline; data is transferred via USB or QR code. • Pros: • Extremely secure • Cons: • Complex setup • Not practical for frequent transactions
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4. Steel Backups • Description: Metal plates used to store recovery seed phrases. • Function: Durable backup for hardware or paper wallets. • Pros: • Fireproof, waterproof, durable • Cons: • Physical theft risk • Requires secure storage location
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5. Brain Wallets (Not recommended) • Description: Memorized passphrase used to generate a wallet. • Function: Passphrase is hashed into a private key. • Pros: • No physical storage • Cons: • Highly insecure • Vulnerable to brute-force attacks
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