#BtcNewHolder hardware wallets also offer very good protection against theft of the device. Each of the hardware wallets presented by us requires the entry of a PIN to activate the device. Good hardware wallets also support the ability to set up 2-factor authentication to enable a second security measure. This makes it very difficult to steal the stored private keys from the hardware wallet even in the event of physical theft.

From our point of view the purchase of a hardware wallet is always the best choice, no matter how high your investment is! Especially if you want to buy larger amounts of Bitcoin Cash, you should always consider buying a hardware wallet. The price (of 120 Euro) for our test winner, the Ledger Nano X, is very fair and compared to your investment probably rather low.