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Author Topic: hardware wallets safe?  (Read 10156 times)
beaxchange (OP)
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June 09, 2019, 10:50:10 AM
 #1

I personally think it is safe as an offline wallet offers the highest level of security for storing crypto is it involves storing the funds in a secured place that is not connected to any network. This type of wallet can also offer good protection against computer vulnerabilities. The hardware wallets are the best type of offline wallet that offers very high security and ease of use. Also, as these wallets allow backup, you can easily recover your funds if you lose this device.

One such example of a hardware wallet is Trezor. It operates as secure cold storage. You can easily transfer bitcoins to the device using the Trezor interface, which is accessible from macOS, Linux, Windows, and Android. Its interface is quite easy to use that lists your coins and recent transactions.

Trezor uses a 12 to 24-word seed for protection and recovery and a user-defined PIN. You can also add an encrypted passphrase to your wallet for an added layer of security.

what say u?
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June 09, 2019, 11:14:45 AM
Merited by tk808 (2)
 #2

hardware wallet is the safest way to store cryptocurrency.. as long as you keep your seed in safe place no one can take your crypto
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June 09, 2019, 11:28:34 AM
 #3

hardware wallet is the safest way to store cryptocurrency.. as long as you keep your seed in safe place no one can take your crypto

yes, thats absolutely right
because our seed is the most important keys in our hardware wallet, do not tell to anyone and store it outside from your computer or leptop

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June 09, 2019, 11:33:10 AM
 #4

I personally think it is safe as an offline wallet offers the highest level of security for storing crypto is it involves storing the funds in a secured place that is not connected to any network. This type of wallet can also offer good protection against computer vulnerabilities. The hardware wallets are the best type of offline wallet that offers very high security and ease of use. Also, as these wallets allow backup, you can easily recover your funds if you lose this device.

One such example of a hardware wallet is Trezor. It operates as secure cold storage. You can easily transfer bitcoins to the device using the Trezor interface, which is accessible from macOS, Linux, Windows, and Android. Its interface is quite easy to use that lists your coins and recent transactions.

Trezor uses a 12 to 24-word seed for protection and recovery and a user-defined PIN. You can also add an encrypted passphrase to your wallet for an added layer of security.

what say u?

Offline wallets are safe but it will also be prone to attackers if you are going to go online. It will also be unsafe if you lost the hardware or neglect being vigilant on your account.

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June 09, 2019, 11:41:51 AM
 #5

nither hardware no online wallets not 100% safe. both might be hacked if owner will not observe simply rules of their safty using.

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June 09, 2019, 11:42:47 AM
Merited by tk808 (1)
 #6

Safest wallet on the market is the offline ones. You don't have a pay a lot of money for who know what product, just buy one usb flash, encryption without password and save your wallet in it.
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June 09, 2019, 01:00:46 PM
 #7

Just a reminder that you still need to save these paraphrases and at least have a trusted someone to share it with as we will never know what will happen to you. I have heard some stories in my country where they have hoarded cryptocurrencies and end up dies without someone knowing how to open their wallets. In the end that person has assets that cannot be used be their family because they will not let anyone know their wallet codes.
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June 09, 2019, 01:24:31 PM
 #8

Hardware wallets are the ultimate definition of security when it comes to crypto assets, if you do a brief research, you will discover that most of the hacks that has happened in the past has been due to the use of online wallets, they are very sucure and I would recommend them anytime.

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June 09, 2019, 01:37:59 PM
 #9

Hardware wallet prevents you from doing a number of mistakes you could have done otherwise.
Any wallet can be safe if you know how exactly to secure it and even a hardware wallet could be hacked if you are careless.
So, it's all about your using habit. A hardware wallet is necessary if you have 10s of bitcoin or equivalent to keep. Otherwise any app wallet or web wallet would still do a good job.


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June 09, 2019, 01:47:08 PM
 #10

Hardware wallet is very safe to store your keys.
But, no system is safe, keep your hardware to safest place.
Not your keys not your wallet
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June 09, 2019, 01:48:38 PM
 #11

Never buy used hardware wallets, other than that they are safe if you intend to use them as coldstorage.. Ledger has some nice picks where you can hold a lot of different cryptos.

As always, every electronic device is prone to death so keeping priv keys written in paper and kept safe is always the wise thing to do.
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June 09, 2019, 01:59:32 PM
 #12

Hardware wallets are safer than web wallets or app wallets, especially ledger Nano and Trezor brands. I've used both, they are cool but I prefer Ledger Nano since I consider it more rugged.
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June 09, 2019, 02:02:11 PM
 #13

sure, hardware wallet is safe and more better that web wallet.
this wallet is new innovation to make wallet is more safe and can you control everyday, but the loss point is.
your PC is must never touch by other people, because it so danger.

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June 09, 2019, 02:24:19 PM
 #14

You are absolutely correct that hardware wallets are fully secured from all attacks and work as cold wallets. No one can access that wallet other then the holder of it.


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June 09, 2019, 03:16:14 PM
 #15

I don't have one but I have friends that use hardware wallets ,the experience is better and safer but I prefer paper wallet for saving huge amount worth of coins

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June 09, 2019, 03:20:34 PM
 #16

hardware wallet, yes it is safe and more safe than website wallet i think.
because hardware wallet it just you the main access to openet and get full of access of your wallet.
hacker is never get access your wallet even when he get your password because this wallet in your own PC not on website.
this is really good.
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June 09, 2019, 04:02:12 PM
 #17

At the moment, a hardware purse is the most reliable means for storing crypto. If you have large amounts of crypto, then you definitely need a hardware wallet.
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June 09, 2019, 04:12:45 PM
 #18

hardware wallet is the safest way to store cryptocurrency.. as long as you keep your seed in safe place no one can take your crypto

yes, thats absolutely right
because our seed is the most important keys in our hardware wallet, do not tell to anyone and store it outside from your computer or leptop

Our hardware wallets are safe and as long as we don't trust others, our assets will be safe on the hardware.

.
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June 09, 2019, 04:18:17 PM
 #19

yes of course it's the safest wallet to secure the crypto assets you have, this wallet is highly recommended for those who have many crypto assets.
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June 09, 2019, 04:21:35 PM
 #20

Sincerely hardware wallets are the safest and are not that vulnerable if the seed is not accessible by third party. Most of the time people complain of their hardware wallet being hacked, they forgot that they have exposed their seed in one way or the other. If seed is not exposed then hardware wallet is safe.

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