A hardware wallet is a physical device designed to keep private keys isolated while signing transactions.

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Short definition

Hardware Wallet is a hardware wallet is a physical device designed to keep private keys isolated while signing transactions.

Simple explanation

Hardware wallets can improve security by requiring transaction review and signing on a separate device.

Why it matters

They help reduce some online key exposure risks, but users must still verify transactions and protect recovery phrases.

Example context

A user may use a hardware wallet to approve transactions while keeping keys off a normal computer.

Related terms