Lots of people have invested money in Bitcoin and other cryptocurrencies but leave them on exchanges, which is not wise. The good news is there are now plenty of secure wallets that let you move your digital assets off these platforms safely. Take the Bitkey Hardware Wallet for instance: instead of relying on seed phrases, you get 3 keys across your phone, protect against hacks and unauthorized access. You can tap your Bitkey to verify transactions. This works with iOS and Android devices.
This NFC wallet has a 2- of 3 multisig security system. That means in order to move your money or change sensitive settings, you will need two of your keys. What happens if you lose your phone? Do you lose your assets? Not if you use your encrypted backup and recovery options. Bitkey also has an “inheritance” feature, so another Bitkey user can inherit your Bitcoin.
