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Author Topic: hardware wallets safe?  (Read 10215 times)
ccsang
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June 12, 2019, 03:29:34 PM
 #61

Hardware wallets are safe so long as you buy directly from the manufacturers and use a reputable brand such as Ledger Nano or Trezor. Also, it's important to continually update the firmware, as firmware updates patch up security holes that are found.

Avoid second-hand wallets.
Just remember to reset and generator new seed if buy from Second-hand wallets to avoid scammer steal your crypto assets. I'm using ledger nano s long time ago, make sure store your seed phrase in safe place and don't let people know the pin password, then everything is fine and safe.
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June 12, 2019, 03:33:22 PM
 #62

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?
I experience using Trezzor and it's safe, because I once had the experience of my assets being hacked and it was in an online wallet. I am more entrusting to use hardware wallets for the security of my assets because my assets are safe from hacking.
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June 12, 2019, 07:35:39 PM
 #63

It seems to me the safest way to store your cryptocurrency is the hardware wallet, so it is much less affected by third parties. I myself only use the hardware wallet as online wallets are too vulnerable to any hacker attacks.
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June 12, 2019, 07:39:35 PM
 #64

I think that the hardware wallets are the safest. I use it and I have never had a break. I don’t want to lose money. Therefore, I recommend using hardware wallets

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June 12, 2019, 08:44:52 PM
 #65

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?
more than the online wallets the hardware wallets giving hundred percent security when comparing to the online wallets but whenever we are storing our cryptocurrency in any kind of way if we have some kinds of people to know that it will definitely not safe for you

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June 13, 2019, 06:57:15 PM
 #66

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?

I choose Trezor. The security of this hardware wallet is also manifested in the fact that it can be used even with computers infected with virus malware. During operation, the wallet does not ever transfer passwords and keys, and the transaction is signed offline on the device. Trezor's cryptocurrency wallet supports work with a number of official wallets. And most importantly - it can be used even in the absence of a laptop by connecting it to the Android device.
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June 13, 2019, 07:02:05 PM
 #67

bitex is working to bring an wallewt called zeusx and i think thats really safe and will be best b.trezor is good one but not fully safe.every wallet is hacable Smiley
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June 13, 2019, 07:25:43 PM
 #68

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?
definitely the hardware wallets is more safer than the normal online wallets but one thing is you need to save your your hardware wallet in a safe place only it will be in good and safe situation
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June 13, 2019, 10:06:05 PM
 #69

Yes, hardware wallets are the safest way to store cryptocurrency. I don't use it, but I plan to buy it. As far as I know Tresor is the best of them.
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June 13, 2019, 10:09:47 PM
 #70

Yes, hardware wallets are the safest way to store cryptocurrency. I don't use it, but I plan to buy it. As far as I know Tresor is the best of them.
There are other hardware wallets but among them Trezor is mostly preferred.
I'm saying that this is really safe compared to web and wallets that are attached online but not totally in the sense
it is 100% safe.There are tendency of loss of funds like lost of that hardware wallet or any other natural calamity or even being broken.
This is why always have that seed or PK kept on other storage like written on a piece of paper for having 1 or more copies.

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June 13, 2019, 10:14:17 PM
 #71

There are two way how you can lost your money.
You lost the wallet and hacker will find out the pin code.
You lost the paper with the words and situation for the hacker is much easier.

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June 13, 2019, 11:58:09 PM
Last edit: June 14, 2019, 12:33:47 AM by pacman7331
 #72

Yes, they are the safest wallet for the cryptocurrency! But you have to be careful! Like you have to keep the phrase codes very secret, never store your phrase on online, do not take pictures of your codes, just write down phrase codes in a paper and keep that in a safe place and try to use the official cable! If you follow these simple things, then your funds will remain safe in hardware wallets!

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June 14, 2019, 12:38:46 AM
 #73

Reputable hardware wallets are the safest means of storing one's cryptocurrencies. They haven't been any known issues with the renowned hardware wallets.

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June 14, 2019, 01:03:41 AM
 #74

hardware wallets - one of the safest places to store cryptocurrency. I have been using the ledger wallet for a long time and have never regretted it.

 
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June 14, 2019, 02:40:47 AM
 #75

I love hardware wallets, I have a ledger nano.
They truly are secure.
I have seen some genius hacker hack a ledger once, but I'm not concerned.
In order for someone to be able to do that, they would have to physically get a hold of my ledger.
(and also have the skills).
That ain't happening, it's in my safe.

I used to just do cold storage with paper wallets.
It was free, totally secure, and easy.
But after I started to get cluttered with so many addresses and keys, I just put it all in my ledger.
It's been great.

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June 14, 2019, 02:46:25 AM
 #76

Hardware wallets are the most safe wallets out there but it depends on your way of keeping it. because if you still mess with its security feature I mean if you expose it on somebody. It may be steal or lose you need to put it on something that no one knows about it except you.

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June 14, 2019, 06:43:32 AM
 #77

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?
I think everyone believes too that hardware wallet is still the best and safest means of keeping your cryptocurrency, and as you said, you are not Prone to any form of security threat that is common with online and desktop wallets.

The only reason why people may not just be using it as it ought to be used is the fee attached to it, its financial commitment could be a little bit high for some people I think, which are usually done on yearly basis, and another issue I see with hardware wallet is that it cannot be used by those that are careless, although if lost can be retrieved once the phrases and pass coded are still being remembered.
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June 14, 2019, 06:50:29 AM
 #78

The hardware wallet is very safe to keep all of the cryptocurrency, and we know that the hardware wallet supports almost all of the coins, so we don't have to worry. The hardware wallet doesn't have to always connect to the internet, and we can save it in the safe place which only we that will know the place. Many people have already use the hardware wallet because they are a concern with the safety of their coins, and they don't want to see something bad will happen later. The price of the hardware wallet itself is not too expensive so we can buy 1 or 2 hardware wallet to save the coin and we don't have to keep it in the exchanges.

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June 14, 2019, 07:54:26 AM
 #79

I have a Ledger Nano S hardware wallet, I think it's very safe because every transaction requires confirmation from us before the transaction can be approved, and of course it's very safe from hackers

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June 14, 2019, 08:13:24 AM
 #80

Yes, we know that it is a hardware wallet, one of the safest wallets to store assets that we have, even now I have never heard from anyone else, or I personally experience hacking constraints in this hardware wallet. I use hard wallets like Ledger Nano S. and this is very safe
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