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Topic: hardware wallets safe? - page 12. (Read 10230 times)

sr. member
Activity: 980
Merit: 253
June 17, 2019, 05:49:45 PM
hardware wallets are safe when compared to online wallets in a sense that they are solely controlled by you unlike online wallets which are controlled (I  mean the website's servers) by a third party so when the site is offline, you lose everything even if you have the password as most of them do not provide private keys. It is better to use a hardware wallet if you fear a website may steal you and I personally use them because most of them do not have access to your private keys as they do not keep a backup of your keys.
sr. member
Activity: 994
Merit: 252
June 16, 2019, 03:52:35 PM
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?

Although im not using hard wallet to store my coins, many peoples recommend to using it because the security.
When you have big amount of coins, you should using safer wallet like hard wallet to keep your coins safe.
Trezor and ledger nano are the most popular hard wallet i guess.
The hardware wallets are the safest option for holding big cryptocurrencies. Keepkey is my first option after the advertisement by Shapeshift beta platform.  I don't like to risk my hard earned coins with online wallets and it is also not recommended to use desktop crypto wallets.
  yes it is the safest way to store your Bitcoin and other coins in the cold wallet/storage. When you have your coins in the HOT wallet on an exchange, it is always prone towards hacking and is not 100% safe but if you are a trader, you got to have some coins in your HOT wallet as well. Depends on you if you are speculating for a year or day trading.
full member
Activity: 481
Merit: 102
June 16, 2019, 02:35:57 PM
Personally, I think that hardware wallets are the safest in cryptocurrency, I would buy one for myself, but I have a small amount of money in the purse and it makes sense to buy no
I fully support you because I believe that the wallets are the safest. Yes, you need to overpay a little, but it's worth it if you have a lot of money in your wallet.
sr. member
Activity: 1092
Merit: 250
June 16, 2019, 11:12:23 AM
I am using the trezor wallet after my account hacked and found it the fully secure wallet this wallet is protected from all online attacks and it is a totally offline hardware wallet.

thanks for sharing your experience using trezor,
because i don't use it, i just use my ledger nano from 2017 until now, and i have no issue with my hardware wallet
so, i think a hardware wallet is safer than any others wallet  Wink
legendary
Activity: 1890
Merit: 1003
June 16, 2019, 10:57:47 AM
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?

Although im not using hard wallet to store my coins, many peoples recommend to using it because the security.
When you have big amount of coins, you should using safer wallet like hard wallet to keep your coins safe.
Trezor and ledger nano are the most popular hard wallet i guess.
The hardware wallets are the safest option for holding big cryptocurrencies. Keepkey is my first option after the advertisement by Shapeshift beta platform.  I don't like to risk my hard earned coins with online wallets and it is also not recommended to use desktop crypto wallets.
sr. member
Activity: 1587
Merit: 271
Enterapp Pre-Sale Live
June 16, 2019, 10:43:09 AM
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?

Yes, wallet hardware is one of the safest wallets from virus and hacker attacks. Even Ethereum creates hardware wallets that cannot be burned.
But not everyone can use the wallet, because the hardware wallet requires a PC to be able to connect. There are currently 6 Harware wallets that can be connected to Myetherwallet, Ladger, FINNEY, Digital Bitbox, Trezor, Secalot, and KeepKey.
full member
Activity: 812
Merit: 100
June 16, 2019, 10:26:28 AM
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?

Although im not using hard wallet to store my coins, many peoples recommend to using it because the security.
When you have big amount of coins, you should using safer wallet like hard wallet to keep your coins safe.
Trezor and ledger nano are the most popular hard wallet i guess.
full member
Activity: 1638
Merit: 122
June 16, 2019, 09:16:26 AM
Yes, but sometimes there are vulnerabilities. hackers are smart and if there are updates they can easily find new bug and stole your money, so you have to be cautious

thats true but updates are not bad , infact updates are good because an upadate means improvement whether its an improvement of the security of the wallet or they will add more service but i dont think that there will be a flaws during or after an update  . other than that, hardware wallet is still the best and the most recomended wallet above all other online wallets out there  .

hardware wallets are safe but the person needs to handle thier hardware wallet carefully so that it wont be droped , damage or stole by a thief  .
full member
Activity: 1177
Merit: 102
June 16, 2019, 09:09:35 AM
Yes hardware wallet best safety for our Cryptocurrency. When you want take long time holding then hardware wallet best safety with your crypto.
Your key can be placed in a specific location on your laptop /pc and hakers will not caught your key.
member
Activity: 249
Merit: 10
June 16, 2019, 06:26:55 AM
Yes, but sometimes there are vulnerabilities. hackers are smart and if there are updates they can easily find new bug and stole your money, so you have to be cautious
yes, so you need to be more careful and start from yourself even though the wallet looks safe but if we are careless then maybe we can concede.
be careful and do it carefully so you can be safer in saving money in your wallet.
legendary
Activity: 1310
Merit: 1000
June 16, 2019, 05:50:38 AM
Yes, but sometimes there are vulnerabilities. hackers are smart and if there are updates they can easily find new bug and stole your money, so you have to be cautious
legendary
Activity: 3066
Merit: 1129
June 16, 2019, 04:11:25 AM
I think they are, I mean if you pick the market leading ones they are pretty safe. Like if you get nano ledger s or trezor they are pretty safe but they are of course lacking some small coins as well since they do not support a lot of coins, however if you deal with only the big ones they do support like as much as 20+ coins so you should be fine.

My friend had a ledger nano s he used to have and he lost it for a lot of months but he still had his key phrase with him he found that so he was not even worried, anyone who got his ledger nano couldn't break into his wallet and take his money out so he knew he was still secure. Of course he found it after couple of months in one of his bags Cheesy but it was still showcasing how great security of it was when he wasn't worried about the potential of all his money at someone else's hand.
sr. member
Activity: 1638
Merit: 251
June 15, 2019, 07:52:40 AM
Most peoples consider the safest and most secure wallet is hard wallet.
In crypto exchanges, they usually stored their coins in a cold wallet because it is more secure than hot wallet.
Hard wallet is not free, but it is worth for someone who wants to secure their assets in crypto coins.
member
Activity: 546
Merit: 32
June 15, 2019, 03:08:53 AM
Hardware wallets are meant to be safe but the safety will be the based on how how secure we are keeping the private keys and the wallets.there are many hardware wallets available for cryptocurrencies to read but only very few were trusted enough to store any amount of cryptocurrencies so you also need to buy that one and keep your cryptocurrency safer remember buy hardware wallet only from the official website or you will lose your money as well.

I think trezor is good hardwallet. Hardware more secure to store our coin and token because not connected with internet. But the important think is always careful suspicious link on our email because most of it is phising link
Yes,even after having hardware wallet we need to be more cautious about the phishing links.And also have good protection for your system.with premium antivirus which can save you from malcious link most of the time.
legendary
Activity: 2576
Merit: 1655
June 15, 2019, 01:23:25 AM
Speaking of hardware wallets, there are scam attempts regarding Nano S, it was about a fake support number that you can find in Google. Here is the thread, https://bitcointalksearch.org/topic/psa-ledger-nano-fake-support-number-5154388. So again, this is just a friendly remainder not to fall for this trap and always, always go to the official site if you need help.
legendary
Activity: 3346
Merit: 1128
June 15, 2019, 01:20:10 AM
I guess using offline wallet is safer thank the vise vaser
Offline wallet is also safe but can still not be compared to hardware wallet. We can only compare offline wallet to online wallets which both of them still share some security issues in common.

Most offline wallets can still be hacked, because there is no way you will use offline wallet without still at one point connecting your system to internet, and there are sites you visit with internet that has so many malwares purposely designed to spy into your system activities.

Once these malwares gain access to your offline wallet unknowingly, it could be redirecting all your transactions to an unknown place that a scammer has designated, wherein all these are not going to be seen in a hardware wallet.
member
Activity: 798
Merit: 10
June 15, 2019, 12:41:52 AM
Hardware wallets are meant to be safe but the safety will be the based on how how secure we are keeping the private keys and the wallets.there are many hardware wallets available for cryptocurrencies to read but only very few were trusted enough to store any amount of cryptocurrencies so you also need to buy that one and keep your cryptocurrency safer remember buy hardware wallet only from the official website or you will lose your money as well.

I think trezor is good hardwallet. Hardware more secure to store our coin and token because not connected with internet. But the important think is always careful suspicious link on our email because most of it is phising link
member
Activity: 560
Merit: 11
June 14, 2019, 09:52:54 PM
I think that too, wallet hardware is much safer than online wallet, because the possibility of being hacked is very small, but there is a lack of hardware essence for this wallet, that is, it can be damaged and lost
full member
Activity: 770
Merit: 100
June 14, 2019, 09:19:53 PM
hardware wallets are very safe, because we need our wallet devices when we want to access them. so security is guaranteed. and it is necessary to note that we should not remove the device.
sr. member
Activity: 1190
Merit: 250
Buzz App - Spin wheel, farm rewards
June 14, 2019, 06:45:23 PM
Hardware wallet is indeed now one of the easiest ways to be used as a coin safe. now only by separating coin assets from laptops that can prevent hacker attacks. and hardware wallet is the way
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