Crypto. Not your keys, not your coins.

In order to hold crypto offline, or part of our crypto wealth offline, there are physical hardware wallets, perfectly able to keep crypto safe, such as LEDGER Nano X, which is one of the best "hardware wallets" in the world.

When cryptocurrencies, are offline, they are protected from any cyberattack or other threat.

In fact, when our cryptocurrencies are on an exchange, in reality they are not technically in our possession.

In fact, there is always the risk that, because of a black swan, a colossal hack, bad behaviours or other reasons, this exchange could fail or anyhow lose these cryptocurrencies for any reason.

For this reasons, it is good practice to:

1) Try to identify those exchanges that are the most financially sound, such as Binance today.

2) Send only the stablecoins or crypto with which we want to buy or sell and trade on the exchanges.

After that, if we feel we don't need to buy or resell them for a long time, we will send them back to our external hardware wallet, called Ledger.

Furthermore, any online wallet, even those of the most famous brands, are still connected to the internet and consequently are always theoretically exposed to hypothetical cyber attacks.

Hardware wallets, on the other hand, only connect when you need to perform operations and remain completely inaccessible for the rest of the time.

But what happens if the investor loses the device?

In addition to not being able to be attacked from the outside, the hardware wallets also protect against the possibility that the device is lost.

In fact, thanks to a unique identification system, if the Ledger were to be lost or destroyed, it would be enough to buy another one in any place on the planet, to recover the entire amount held, simply by remembering the seed, or the 24 secret words.

It is essential to buy the Ledger directly from the producer through their official website: https://shop.ledger.com/?r=59a944900f35

In fact, by buying it from other stores etc. we take unnecessary risks, to maybe save a couple of coins.

Buying it directly from the Ledger company, is a necessary step because it is too important as tool.

Using the LEDGER is extremely simple once you have acquired some practice.

In the package you will find complete instructions, as well as the USB cable necessary for connection to your PC / tablet.

In any case, just connect the Ledger to the PC using the appropriate USB cable, turn on the device, and download the Ledger Live application on the PC.

At this point, the Ledger Live application will guide you step by step to complete the initialization of the device.

Once finished, you will need to register an 8-digit PIN code, and finally, write the 24 words of the seed.

These 24 words are fundamental, and they are the most important thing, which absolutely must always be kept.

Once all this has been done, from Ledger Live it will be possible to download the various applications of the different cryptocurrencies that we plan to use.

To install these apps, just click on the "MANAGER" section and download the one you want.

At this point, through these apps, we will create our ADDRESS which we will then use to receive this specific crypto.

When we receive cryptocurrencies at the newly created address, this crypto will be displayed correctly by the Ledger Live app.

Instead, in order to send cryptocurrencies that we already have on the Ledger, it will be necessary to connect the ledger to the PC, and once activated, simply select the coin to be sent via the Ledger Live app, paste the address of the recipient, and send.

Here is an example of the process to transfer BTC from Binance to Ledger Nano X:

-Connect your Ledger Nano X to your computer and enter your PIN.

-Open the Ledger Live application on your computer. Make sure your device is connected and unlocked.

-Select the cryptocurrency that you want to transfer from Binance to Ledger Nano X. For example, if you want to transfer Bitcoin, select "Bitcoin" from the list of available cryptocurrencies in Ledger Live.

-Click on "Receive" in the Ledger Live application window. This will show you YOUR Bitcoin deposit address.

-Copy the Bitcoin deposit address shown in Ledger Live.

-Log in to your Binance account and select the cryptocurrency you want to withdraw from your wallet. In this case, BTC.

-Click on the "Withdraw" tab on your wallet page.

-Enter the Bitcoin deposit address that you copied earlier from the Ledger Live application in the "Recipient Address" field on the Binance withdrawal page.

-Enter the amount you want to withdraw in the "Amount" field on the Binance withdrawal page.

-Verify that the Bitcoin deposit address and amount entered are correct.

-Click "Submit" to initiate the withdrawal transaction from Binance to your Ledger Nano X.

Note: it is important to double-check the Bitcoin deposit address before entering it on the Binance withdrawal page. Make sure to copy the correct address from the Ledger Live application to avoid sending the funds to the wrong address.

Also, keep in mind that cryptocurrencies like Bitcoin may take some time to be confirmed on the blockchain. This time may vary depending on network traffic. However, you can check the status of the transaction using a blockchain explorer like Blockchain.info.

To conclude, under certain conditions, having a Ledger quickly ready, and having experience on its use, could prove to be FUNDAMENTAL.

If you really want to fully live and understand the mentality behind cryptocurrencies, there is no chance of not buying a hardware wallet and not becoming familiar with this tool, which allows you to truly secure your cryptocurrencies.

"Not your keys, not your coins."