# Why need Hardware wallet?

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**Benefits of Hardware Wallets:**

Enhanced Security: Hardware wallets store users' private keys offline in a secure device, providing protection from cyber threats, hackers, and malware that may compromise software wallets or online exchanges. This "cold storage" approach ensures that users' funds remain secure even if their computer or smartphone is compromised.

Immunity to Remote Attacks: Since hardware wallets store private keys offline, they are immune to remote attacks that target software wallets and online exchanges. Users can safely access their funds without exposing their private keys to potentially malicious software or online threats.

Recovery Options: Hardware wallets usually support a recovery phrase or seed phrase, enabling users to restore their wallet and regain access to their funds if the device is lost, damaged, or stolen. This feature ensures that users can securely recover their assets without compromising their private keys.
