Topic: hardware wallets safe? - page 16. (Read 10196 times)
I guess using offline wallet is safer thank the vise vaser
It's safe as much as you make it, don't share your seed words, keep it in safe location and have secure backup of it and also always check the receiver address before confirming.
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.
Avoid second-hand wallets.
In particular hardware is much safer than an online wallet. And I've proven with experience so far using Trezor. A few days ago I read a post, that there are victims of losing bitcoin in the blockchain wallet, what do you think are the weaknesses of the online wallet (blockchain)?
If hardware wallets are not safe for someone I don't know what is the definition of "safe" for that guy. Paper wallets are not safe compared to separate hard disk as a crypto wallet. I never believe the power of online exchanges because there is no guarantee for funds in any exchange.
Exactly, we really have to trust our hard wallet its the best and safest wallet on cryptoworld or else we are on a big risk. Paper wallet is not good, it can be stolen from you and it can also be tampered. I do have online wallets but I don't trust it honestly, I'm still using hard wallet at the end of the day and so far I don't experience any kind of hacking incidents. You have to secure your bitcoins and other coins, hard wallet is the key. for myself, so far I still use a digital wallet because there is still little that I keep in my wallet, maybe it would be much better if I use an offline wallet to save coins, so that they are safer.
I believe it so, but remember we can't keep them all for the lifetime. And if we can only make transactions without internet will consider almost a hundred percent but we can't. But in terms of security it will be more safer than of online wallets and that's makes thing prone to any hacks and losses all our efforts and money. 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?
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 am use few mobile android wallet and i think its safe to store our coin and token. Its better to store our coin and token in our own wallet because we holding the key. Binance as big exchanger once hacked and this indicating there is no safe place to store our coin in exchanger except we holding the key or seed
for myself, so far I still use a digital wallet because there is still little that I keep in my wallet, maybe it would be much better if I use an offline wallet to save coins, so that they are safer.
I think with the recent hackings and stealing of funds from exchanges and online wallets, it is really best to have your own hardware wallets for every coin you hold. You are the one controlling the safety of it and not unknown individuals from the net. Even famous exchanges are prone to hacking so you should be prepared on this scenario.
I have big trust with hardware wallets and that makes me more confident that the portfolio I'm keeping with my ledger wallet is safe and secured. There are new hardware wallet competitors in the market but I'm off of trying them out. I'm not saying that they are scam but for the meanwhile, I'm very happy and satisfied with the wallet that I use now. Trezor is also okay, these were the 2 giant hardware wallet companies that has been trusted by the community.
I think that hardware wallet is safer the software or online wallet. We can manage our portfolio securely in our hardware wallet without worrying about hackers and other things. However, it is expensive enough. So you must prepare the fee. So far, I never heard about the big problem of using a hardware wallet. Am I wrong?
Security is on your own, because software wallets are vulnerable to hacking, so it is true that hardware wallets are the most effective now without hacking by anyone because the concept is offline, but of course the security you want to know is because that all returns to the accuracy of someone in caring for a wallet not using the network or opening a site is not important because it has the potential for hacking, even if using wallet software if it is clever at securing it will avoid the risk but it is better to use a hardware wallet.
See nothing is safe by itself if the owner of the asset is nothing but a idiots. There is always a risk that anything could be hacked but the risk factor is less if your asset is in hardware wallet. I knew w there is people that are saying that hardware wallet can get hacked. If that is form a reputable company like ledger nano S or treanzor the risk is not that much. But if someone get physical acces to your wallet then it's a big problem. So laways be same a nd be careful.
I have never used a hard wallet and I still use a web wallet even now there are no obstacles at all. so, basically every crypto wallet in terms of security depends on the user, and if it's not careless I think nothing bad will happen
It seems to me it's a very obvious fact. Of course, hardware wallets are safe, moreover it is the safest place to store your coins.
Hard wallet is safer than web wallet or paper wallet because you dont have to using private key to sending coins.
But once your wallet gone, you won't be able to send the coin in the wallet address anymore, except you have backups.
So, you must deal how you store the hard wallet safely so it won't lose or damaged.
But once your wallet gone, you won't be able to send the coin in the wallet address anymore, except you have backups.
So, you must deal how you store the hard wallet safely so it won't lose or damaged.
Atleast hardware wallet will give you comportable for the attacker as long as you keep still it in offline. The attacker just only can stole our asset when the asset connected to the internet network, I never heard there is someone who got stolen from their hardware wallet. But I think hardware wallet just suitable for those people who chooses long term investment, mean they will keep this asset on the hardwallet without touched internet connection but if for some people who use it as short term investment more over for trading field is not suitable. It will be useless if you keep your hardware wallet connected to internet.
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.
never seen someone call it a purse before
But yes, hardware wallets or software wallets that let you transform your mobile devices into cold storage wallets are the safest way to store bitcoin or any crypto for that matter.
But software wallets can also be safe if you are an advanced user that knows how to keep your machine clean of worms and malware.
Theres nothing much safer than having hardware wallet.
This is the best tool to have our coins and tokens.
If you are into cryptocurrency one of the best investment is to have hardware wallet.
This is the best tool to have our coins and tokens.
If you are into cryptocurrency one of the best investment is to have hardware wallet.
of late I have been reading different bug fixes of some of these hardware wallets and no major loses about them either....guess it's all about correct precautionary use.
TBH no one will guarantee you safety if you don't follow the best ways of protecting your coins such as not using public networks or PCs as they might be infected with malware, not sharing private keys and all. AFAIK The hardware wallet won't safe guard your coins without us doing our part of using the wallets correctly and safely.
TBH no one will guarantee you safety if you don't follow the best ways of protecting your coins such as not using public networks or PCs as they might be infected with malware, not sharing private keys and all. AFAIK The hardware wallet won't safe guard your coins without us doing our part of using the wallets correctly and safely.
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