![]() ![]() I would rather trust Nicehash or Coinbase with my crypto over a software wallet. If your computer gets a virus, the key is actually stored on your computer (instead of on a hardware key) and so it can be compromised and stolen. ![]() Nicehash: Worlds leading Hashpower marketplace Bitdeer: Best crypto cloud. Storing your crypto on a software wallet on your computer or phone is different, and that's much more dangerous. com) CatsGarden App-New Free Bitcoin Dogecoin Cloud Mining. Basically, you're removing the ability for anyone except you to screw up. ![]() Same with Coinbase, if they're hacked then I may never get my bitcoin back. If Nicehash is hacked, and they lose my funds, there is no guarantee they will reimburse me. Theoretically, even if I have viruses and stuff on my computer, the virus cannot get the key from my Ledger, because the key is never actually exposed to my computer, the device simply says the transaction is valid.Ĭompare this with Nicehash. The hardware and software is designed specifically so my key is not exposed. If I want to send money, I have to plug that wallet into the PC, and sign the transaction with it. An offline wallet is secure because of how the key is stored. ![]()
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