hardware wallets safe? - page 15. | Bitcointalksearch.org

trickyriky

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Quote from: beaxchange on June 09, 2019, 06:50:10 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?

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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Quote from: beaxchange on June 09, 2019, 06:50:10 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?

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

abs350

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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

elitemobb

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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.

TobiasVR

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Quote from: beaxchange on June 09, 2019, 06:50:10 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?

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.

ccsang

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Quote from: pushups44 on June 10, 2019, 11:59:01 PM

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.

coinporch

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Quote from: nemey on June 12, 2019, 08:19:09 AM

So far I know, a hardware wallet is safer than the online one, is that right?
It saves and secures the coins and avoid being hacked. However is there any negative side of using a hardware wallet? Actually, I never use this one and so far only rely on the online wallet or desktop wallet.

yeah, everyone knew if hardware wallet is the safest place to store our coins,
but, in my opinion paper wallet is safer than any other wallet including the hardware wallet

nemey

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So far I know, a hardware wallet is safer than the online one, is that right?
It saves and secures the coins and avoid being hacked. However is there any negative side of using a hardware wallet? Actually, I never use this one and so far only rely on the online wallet or desktop wallet.

zulfi125

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As you know various people hacked by hackers and lost their crypto, i was also lost myetherwallet altcoins worth $6000 and after that purchase NANO ledger that is safe.

cryptonight9631

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I am still using it and considered to be my most secured wallet, because it is safekeep on my wallet. And its not hackable, so I keep my funds there calmly. For other investors that still has no hardware wallet, you must consider buying one.

michellee

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Quote from: Krislaw on June 11, 2019, 02:33:32 AM

It depends how can safe your fund into hard wallet like trezor, ledger, keepkey and more. When you have hardware wallet and can't use how to protecting from hacker, it same as you use web and sofrware wallet. You can generate offline wallet without conecting internet and it can be safe and generate it seed into hardware wallet

I think before he buys any hardware wallet, he needs to learn about how to use the wallet so he can save his coins without any worried. He needs to secure his wallet from the hacker, and he needs to save the private keys for every wallet he has. It is better to have a hardware wallet and save it into one place we know and don't let other people know what we have in that wallet.

Pet240

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Quote from: beaxchange on June 09, 2019, 06:50:10 AM

~

You already made your point and what it really is know. There is no doubt about it, hardware Wallet is the best.
Ever since I have been hearing and reading about compromised wallets, I have never seen any complaint on the use of hardware wallet. As a matter of fact, you have the full and only control over it, except you decide to reveal your pin or security details to a third party and you have to hand the wallet over to the person.

Jocuserious

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Yes hardware wallet best safety for store cryptocurrency and it's always good safe from hacker. Using a hardware wallet, no other person can collect your key. Actually I have been using hardware wallet for a long time.

Krislaw

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It depends how can safe your fund into hard wallet like trezor, ledger, keepkey and more. When you have hardware wallet and can't use how to protecting from hacker, it same as you use web and sofrware wallet. You can generate offline wallet without conecting internet and it can be safe and generate it seed into hardware wallet

Ezio_Auditore

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Just keep your wallet out of reach and tell others as little as possible about it. Envelope with recorded phrases for recovery it is better to keep as far away from the purse. Then all your funds will be safer.

CAPT.DEADPOOL

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There are hardware wallets that are legit and safe to use but there are also hardware wallet scams so be careful with the choice of wallet that you will use for your altcoins because many hackers are scattered and give a free wallet to get stealth of altcoins with bounty hunter.

Sacramentus

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In my best of knowledge, hardware wallet is the most safest wallet to use because it can't be hacked else the owner is careless. So I strongly recommend it as the best wallet to store your assets.

EdvinZ

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Indeed, if a person invested in a cryptocurrency for a long term, then the most reasonable for him would be to use a hardware wallet. This is currently the safest way to store digital assets. Seed, pin and encrypted passphrase is a powerful enough combination for security.

kotajikikox

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Quote from: tenebriscaelum on June 09, 2019, 09:00:46 AM

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.

Yeah right it should be have atleast one person who knows how to open your wallet.Me I put my account name and the password in one note book.I keep it in a safe place.and my wife know this.so when it time Im gone my wife will benifits my account wallet.although she knows already this but just for a safety reason I made it.

asriloni

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Quote from: Passy on June 11, 2019, 12:07:19 AM

I guess using offline wallet is safer thank the vise vaser

there was a chance for offline wallet to be infected by malware and it doesn't have a lot of security measures and hardware wallet will be a winner if you wanna try to create such a comparison between offline and hardware wallet.
offline wallet has a lot of possibility to get the security breach.
I prefer to bet anything on the hardware wallet rather than keep my amount on offline wallet.

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