Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Btcprofit1 on August 02, 2017, 03:02:08 PM



Title: HARDWARE WALLET
Post by: Btcprofit1 on August 02, 2017, 03:02:08 PM
If my hardware wallet company (Trezor) goes bust and client disappears are my bitcoins lost?


Title: Re: HARDWARE WALLET
Post by: DocSnyd3r on August 02, 2017, 03:05:28 PM
Just use your seed and a bip39 decryptor to get all keys.
Or another wallet to import that seed.


Title: Re: HARDWARE WALLET
Post by: riskthebiscuit on August 03, 2017, 03:32:57 AM
Exactly having your backup safe and away from harm will make you okay. But it is also highly unlikely Trezor goes away, that is granted cryptocurrencies continue to succeed.


Title: Re: HARDWARE WALLET
Post by: Tipstar on August 03, 2017, 04:06:34 AM
If my hardware wallet company (Trezor) goes bust and client disappears are my bitcoins lost?

If you have a hardware wallet, your bitcoins are always safe with you. Event if the companies closes and stop it's support.
You can easily redeem the coins with the private keys.


Title: Re: HARDWARE WALLET
Post by: Foex on August 03, 2017, 04:12:01 AM
No, it wont be lost. You can recover it again condition u still have the recovery key of your trezor

Check this

https://doc.satoshilabs.com/trezor-user/recovery.html