Metamask comes to the rescue with their new collaboration with AirGap. You all might have an old phone on the shelves. Now you can put it to good use to safeguard your crypto assets. Metamask’s new collaboration will let users use their old phone or any one of their phones as a hardware wallet.
Whether it is an Android or an iOS, Airgap can turn either of them into a hardware wallet.
What is AirGap?
AirGap works in a non-internet connected manner, safeguarding your private keys totally offline and approving transactions with QR codes. It helps you protect your crypto and store your private keys offline. It is based on a two-device approach, simultaneously increasing security and usability. AirGap vault, which will be installed on a dedicated smartphone, will be completely offline and has no connection to any network; thus, it will be air-gapped. It will be accompanied by the companion application AirGap wallet, which will be installed on your everyday phone.
You can now link AirGap Vault to MetaMask and use it to check your balance for all tokens, sign transactions, interact with dapps, buy, sell, and mint NFTs. AirGap already works on BSC and Ethereum, and it is effortless to connect your metamask with airgap. Every user who owns a Metamask wallet can follow a few steps to connect with airgap. Users can find a complete guide to the steps here.
Rising importance to store your funds offline
It is critical to understand how to appropriately safeguard cryptocurrency to avoid becoming a statistic. The ultimate safest place for your cryptocurrency is to generate private keys offline and store them as encrypted text files on a USB stick. It’s also crucial to strike a balance between security and accessibility. It will be just as harmful to secure your crypto assets as it will be to have them stolen from you.
Hackers can hack anything, no matter how “unhackable” someone claims it is. It’s only a question of time. What is the most susceptible method of being hacked? The internet, to be precise.
As a result, staying much further away from the internet as practicable is critical when keeping cryptocurrency. Storing cryptocurrency on a hot desktop wallet or an exchange is highly dangerous and should be avoided at all costs.
Private keys and transactions may be produced fully offline, something many crypto investors are unaware of. This gives you direct control over your assets and prevents hackers, governments, and prying eyes from gaining access to your private key information.