Which hardware wallet to buy?

[n0nce]

then swap using non-custodial trustless instant exchange Boltz from Lightning-BTC to Ethereum.

Never used that service before, but I see they only support BTC and ETH. Any similar service that would swap Lightning BTC to XMR and back again?

None that I know of, unfortunately.

FixedFloat and Coinplaza are both instant exchangers with Lightning support, but they're not trustless and wholly smart-contract-based like Boltz. You basically give them full custody of your funds and then hope they are honest and give you the other currency back.

[BlackHatCoiner]

wholly smart-contract-based like Boltz.

Boltz.exchange is trustless? Whenever I used them I had to send the money first without contracts.

[n0nce]

wholly smart-contract-based like Boltz.

Boltz.exchange is trustless? Whenever I used them I had to send the money first without contracts.

Yes, to be more exact it uses submarine swaps, which as far as I know work cross-chain with Ethereum, too - that's why it's not trivial to add more currencies.

The contract is on the blockchain in the form of a submarine swap transaction.

Their FAQ roughly explain how to refund a failed swap, but I've yet to check out exactly how that 'refund file' works or what it contains.
They also link to this blog post about submarine swaps, for more details. It touches on the refund process, but doesn't go into detail.

[JamesDaniel90]

Hi all,

Still using my ledger S plus and I like how easy it is to use would definitely recommend if anyone is thinking about buying one.

Quick question, the 24 word phrase is only needed if you forget your passcode?

If I was to lose my ledger, I can just buy a new one but I must have my 24 words to access it again?

I am just thinking where I should leave my 24 word phrase just incase something was to happen to my ledger.

[o_e_l_e_o]

Quick question, the 24 word phrase is only needed if you forget your passcode?

By passcode do you mean the 4-8 digit PIN you use to unlock your Ledger? If you forget your PIN then yes, you will need to use your seed phrase to recover access to your wallets. You will also need your seed phrase if anything happens to your Ledger device, such as it is lost, stolen, damaged, or simply wears out after years of use. But as long as your Ledger is working fine and you know your PIN, then you do not need to use your seed phrase in usual day-to-day operations.

If I was to lose my ledger, I can just buy a new one but I must have my 24 words to access it again?

Correct. Your PIN number is specific to the device and simply unlocks the device. It has no relationship whatsoever to your actual wallets, private keys, or coins. Those are backed up exclusively by your 24 word seed phrase, plus any additional passphrase you may or may not have set. If you lose your Ledger, you can restore your seed phrase on any wallet which supports BIP39 seed phrases, which is almost every major software or hardware wallet, although doing so on a fresh hardware wallet will be the safest route.

[Pmalek]

I am just thinking where I should leave my 24 word phrase just incase something was to happen to my ledger.

This is really up to you and there are many things that you can do.

Your seed backups should ideally be stored in multiple geographical locations. If something happens to location A, you still have B and C to fall back on.
Most importantly, it shouldn't be something you immediately see when you walk into a room or something a thief could find in 2 mins of searching.
You can use your home to your advantage for example. If you have a private library or a big collection of books, one backup could be stored somewhere inside of a book. You can put the backup in a box and bury it somewhere away from water. You can hide it inside home appliances or furniture. You can hide it somewhere in the construction of your home, but you would still be able to get to it easily if needed.

You can use paper or metal for your backups. Check out Securing Your Seed Phrase with Washers. Maybe that can inspire you to do the same or something similar. But never take the lazy route and go for online backups or storing the seed digitally.

[Cricktor]

Don't forget all the places where you have hidden your mnemonic words backups. I case something happens to you, your beloved ones need to get to know those places, too (and instructions how to deal with it).