How do bitcoiners keep their private keys?

Credit: Eivind Pedersen – Pixabay

According to a recent survey, almost half of the holders of Bitcoin (BTC) store their private keys on a hardware crypto wallet ((hardware wallet).

While crypto-exchanges have suffered significant hacks in recent years more and more bitcoiners now seem to protect their digital coins with a hardware wallet.

A recent Reddit user survey Gunnaj near 339 bitcoin holders highlights how they keep their BTC private keys.

And bitcoiners' preferred solution would be hardware wallet. In fact, more than 46% of the respondents declared that they keep their BTC in this way.

The second most popular method is software wallet (online wallet) on mobile (17.4%), closely followed by computer wallet software (15.9%). Then we find the hosted web portfolio (12.3%) then the paper wallet (6.1%).

We can also see that almost 90% of the people interviewed have set up a backup system in case of loss of the keys in order to be able to recover them easily.

And the preferred way of respondents for their backup is none other than write down the codes on a sheet of paper (79%) and / or save to external hard drive (23.6%).

In the hardware wallet sector, French Ledger quickly established itself worldwide with its Nano S / Nano X and in particular thanks to the support of several giants like Samsung. The young shoot is also now part of the Next40, the list of the 40 most promising startups in France.