Buy a Bitbox02:
Hardware Wallet Feature Comparisons:
A video that runs through an unboxing, setup and review of the Bitbox02 cryptocurrency hardware Wallet. It is a great wallet that supports Bitcoin, Litecoin, Ethereum, ERC20 tokens as well as U2F to boost your security for online services. It’s open source like a Trezor of a ColdCard, but also secure and easy to use like a Ledger Nano. This is the 2nd generation digital bitbox and a massive improvement over the Bitbox01.
0:00 Introduction
0:44 Unboxing
1:45 Initial Hardware Setup
5:40 Software Overview
7:50 Receiving Crypto Transactions
8:40 U2F Demo
9:35 BIP39 Passphrase Demo
10:09 Managing SD Card Backups
10:48 Exporting a BIP39 Passphrase
11:05 Sending Crypto Transactions
12:15 Summary of devices strengths
14:50 Detailed Feature Breakdown & Summary Score
15:48 Conclusion
Thanks to ShiftCrypto for supplying the device.
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If you are new to Crypto, my suggestion is that you start with buying ~$150 worth of Bitcoin, Ethereum, Litecoin @ Coinbase and get familiar with storing it, moving it around, etc.
For your first purcahse, just stick with CoinBase:
For Trading, just start with Binance:
By sticking with large, reputable exchanges for your first purchase (Coinbase) and first trade (Binance) you can avoid getting scammed right at the start by purchasing a non-existing coin off a scammy exchange. (You would be surprised how many people fall into this trap)
Don’t have a hardware wallet?
Be safe and buy them direct from the manufacturer. (Not just through some random on eBay, Amazon, etc)
Get a Ledger:
(If you are just starting out, I would just recommend a Ledger Nano S)
If this was helpful, feel free to send me a tip:
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#bitcoin #btc #ethereum #eth #cryptocurrency #crypto #ledger #trezor #security #bitbox02