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Hardware Wallets are the physical devices that are used to store private keys. Hardware wallets are the most secure option available to tuck in your crypto funds. Software wallets or desktop wallets are locally stored inside your desktop or laptop’s hard drive. The disadvantage is that you will need to connect them to a computer in order to access your wallet, thus making them relatively less accessible. Ledger Nano is a multi-cryptocurrency wallet supporting more than 700 digital currencies and tokens. Mobile wallets are fairly convenient and easier to use as compared to other options available.