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How the Saint Lucia Citizenship By Investment Program Can Benefit Crypto Investors Seeking a Tax Haven

  Photo by yousef alfuhigi on Unsplash Cryptocurrency investors are always on the lookout for tax-efficient solutions to minimize their tax liabilities. One option that is gaining popularity among investors is the Saint Lucia Citizenship By Investment Program. In this article, we'll explore how this program can benefit cryptocurrency investors looking for a tax haven country. Saint Lucia is a sovereign island country located in the Caribbean Sea. Its Citizenship By Investment Program (CIP) was established in 2015, allowing investors to obtain a second passport by making a qualifying investment in the country. Saint Lucia's CIP has become a popular choice for high-net-worth individuals and entrepreneurs seeking a safe haven to protect their assets and minimize their tax liabilities. Saint Lucia's second passport permits travel to 145+ global countries visa-free, including the United Kingdom, Singapore, Hong Kong, as well as the European Union countries. The Saint Lucia pass...
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Keeping Your Crypto Secure

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"Not your keys, not your coins"

What can we learn now that crypto exchanges such as Luna, Three Arrows Capital, Celsius, Voyager, and now Vauld have suspended withdrawals? Owning your own cryptocurrency may appear to be a lot of work, but trust me, it's worth it.
"Not your keys, not your coins" because you don't own the wallet, what you really own is an I.O.U, and if the exchanges lose value, so does the I.O.U.

Moving your assets into a cold storage wallet isn't a choice, as I'm sure you've realized; it's a requirement. It not only gives you complete control and security over your private keys and encryptions, but it also protects you from third-party liabilities, making it the safest way to store crypto-assets.

 What exactly is a cold storage wallet?

Because it is not connected to the Internet, a cryptocurrency wallet cannot be compromised. The cold wallet, also known as a "hardware wallet" or "offline wallet," stores the user's address and private key and works in conjunction with compatible software on the computer.

5 BEST Cold Wallet for Crypto Storage

1. Ledger Nano X

Best for the people who need to store 5500+ crypto in one area. The Ledger Nano X is the second-age cold wallet from Ledger. An actual wallet is the best crypto-cold wallet on purpose. You can make due, trade, and purchase your crypto in a hurry, as versatile clients can utilize their wallets on their telephones. Along these lines, on the off chance that you don't have your PC around you, you can in any case exchange actually from your Android and iOS gadgets.

It has included Ledger Live programming to actually take a look at your equilibrium and send and get monetary forms. Record upholds north of 1,800 advanced coins and tokens, so you are a long way from restricted to Bitcoin. Record Live even backings coin marking, in which you can procure rewards in light of your equilibrium.

2. Trezor Model T

Best for those searching for a computerized security arrangement that rises above cryptos and effectively controls your assets. Trezor Model T is the crypto cold wallet that permits clients admittance to outsider trades, such as Changelly and CoinSwitch, immediately from the Trezor web interface.

This encoded cold wallet offers a touch screen include that is simpler for new digital currency clients to work with than its past model. An aspect of this one is the best cool wallet has 64 mm x 39 mm x 10 mm long, and its weight is around 22 g.

3. The Ledger Nano S

Best for storing and trading large amounts of cryptocurrency. The Ledger Nano S is one of the best cold wallets introduced by Ledger. It was one of the first cold wallets to support over 1800 cryptocurrencies. The Nano S has sufficient storage to create wallets for a limited number of cryptocurrencies at the same time.

The Ledger Nano S measures 104mm x 58mm 5mm and weighs 16.2g. It is constructed of brushed stainless steel and plastic. It has a powerful 100mAh battery. It comes with a cold wallet, a USB cable, a getting started leaflet, three recovery sheets, and a keychain strap. It has a Micro-B USB cable.

4. CoolWallet Pro

Best for usability and security. CoolWallet Pro is a DeFi-focused mobile cold wallet that allows you to connect to a device without an internet connection by using an encrypted Bluetooth connection within a 10-meter radius. It allows for simple interaction with DeFi, Dapp, and NFT. Its body is tamper-proof and water-resistant, and its lithium-ion battery provides a single charge that lasts several weeks.

This best cold wallet provides multi-layer cold storage security through the use of an EAL6+ secure element (SE), AES256 encrypted Bluetooth Low Energy (BLE), and five processors to control its Power Management.

4. ELLIPAL Titan

 ELLIPAL Titan is the best option for complete network isolation. Ellipal Titan is the world's first air-gapped cold wallet, which provides complete network isolation. It has no online components or ports to support cryptocurrency apps.

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