I understand your regret unfortunately it often happens with parcels arriving from abroad to be stopped for customs fees.
In all honesty, I don't know much about that wallet, I've only seen it on Amazon a few times. I am always skeptical about multicurrency wallets so for this reason I do not take it into consideration.
So if your country can be reached by these brands my choice would be Coldcard or Bitbox 02 btc only.
Topic: My First Wallet. - page 4. (Read 651 times)
In everything you are doing one fact remains that you are trying to secure your funds which is reasonable and that is why you are being cautious with your actions. Either you have the software wallet or the hardware wallet none of it must go missing remember to keep it somewhere safe as one that didn't know of it might want to misuse it upon seeing it.
Just mainly due to curiosity — not saying that SafePal is bad or whatever(I have no idea because I never researched it), but how did you end up picking SafePal? Knowing that the Bitcoiner hardware wallet trio is Trezor-Ledger-ColdCard.
A hardware wallet is always superior to a hot wallet. Its security is nearly impenetrable because transaction confirmations must be made through the device. While I am unfamiliar with the Safepal wallet, it appears to have earned trust among lists of hardware wallets. Personally, I have been using a Ledger wallet since the start of my hardware wallet experience. Congratulations on prioritizing the safety of your funds! Just remember to store your seed phrase in a secure location.
When I've ordered a hardware wallet, customs didn't asked nor call me but it varies per country. Safepal from what I've heard has got good reviews.
So, we have different hardware wallets but that's okay because we're all having the same thoughts to keep our assets safe through storing it there.
Those folks and members of the forum that has a growing portfolio and still don't own a hardware wallet, it's now time for you guys to consider owning one.
So, we have different hardware wallets but that's okay because we're all having the same thoughts to keep our assets safe through storing it there.
Those folks and members of the forum that has a growing portfolio and still don't own a hardware wallet, it's now time for you guys to consider owning one.
Nice option to choose from I have been planning to get one hard wallet for my Bitcoin storage Trezo wallet and if it shipping to my country won't be too high I will stick to the Trezo hardware wallet because the last time I checked the cost of shipping to my region was more than half of the price of the device on Trezo website but that was during covid lockdown and since then I haven't tried the item again to see if the process has changed.
This is a good idea to secure your retirement asset in a secured wallet other than relying on online wallets that are prone to hacks.
This is a good idea to secure your retirement asset in a secured wallet other than relying on online wallets that are prone to hacks.
When we invest, the initial capital to do so besides money is of course a wallet. This is now the third year (approaching year 4) that I've been using bitcoin as one of my investment tools to support my retirement in addition to some other investments in property.
There are so many wallets out there today and I've been quite happy in the last few years to use Electrum as my wallet to store my assets.
However, given the cases of people losing their assets on Electrum, even though it may have been their own negligence, I'm wary because I realise that I'm one of those people who can be very careless and still make mistakes when it comes to seed storage.
With some consideration I decided to buy a hard wallet to make me more secure and comfortable in storing my assets. A little story, previously my choice was Trezor because I saw some conditions and reviews from some of my closest friends so I chose it for the first choice and I had ordered the item several months ago.
However, because I am a worker where I have to leave in the morning and go home in the afternoon so I decided to use my wife email and number to order because she is at home every day.
I thought it would be fine and it would arrive safely because I bought directly from the official Trezor website because my initial thought was that it would be safer. But a few weeks later there was a call from my country's Customs saying that my package had been delayed and that I had to pay approximately $35 for my package to be sent immediately.
Since it was my first time making an out-of-country purchase, I ignored the call because I thought it was a scam and I didn't want to pay again after buying from the Trezor site.
But it turned out that I was wrong because precisely by ignoring that, my package was actually like a forced refund for some reason that made my money returned
I consider this foolishness for me because maybe I was wrong but I still want a Hard Wallet for my bitcoin storage.
After a lot of drama with my first choice, I finally decided to buy this Wallet last week with many considerations.
Although this wallet is not only focused on bitcoin because there are some features that I will not use and of course there are some disadvantages but I will use this wallet for storing my bitcoin assets at this time. But I will probably only use this for a while because I still want something else for my Hardware Wallet.
There are so many wallets out there today and I've been quite happy in the last few years to use Electrum as my wallet to store my assets.
However, given the cases of people losing their assets on Electrum, even though it may have been their own negligence, I'm wary because I realise that I'm one of those people who can be very careless and still make mistakes when it comes to seed storage.
With some consideration I decided to buy a hard wallet to make me more secure and comfortable in storing my assets. A little story, previously my choice was Trezor because I saw some conditions and reviews from some of my closest friends so I chose it for the first choice and I had ordered the item several months ago.
However, because I am a worker where I have to leave in the morning and go home in the afternoon so I decided to use my wife email and number to order because she is at home every day.
I thought it would be fine and it would arrive safely because I bought directly from the official Trezor website because my initial thought was that it would be safer. But a few weeks later there was a call from my country's Customs saying that my package had been delayed and that I had to pay approximately $35 for my package to be sent immediately.
Since it was my first time making an out-of-country purchase, I ignored the call because I thought it was a scam and I didn't want to pay again after buying from the Trezor site.
But it turned out that I was wrong because precisely by ignoring that, my package was actually like a forced refund for some reason that made my money returned
I consider this foolishness for me because maybe I was wrong but I still want a Hard Wallet for my bitcoin storage.After a lot of drama with my first choice, I finally decided to buy this Wallet last week with many considerations.
Although this wallet is not only focused on bitcoin because there are some features that I will not use and of course there are some disadvantages but I will use this wallet for storing my bitcoin assets at this time. But I will probably only use this for a while because I still want something else for my Hardware Wallet.
I do have Safepal S1 but never funded it until now. I still stick with the good ol' Ledger to store my Bitcoin and other important crypto assets.
But at least congrats on having your first hardware wallet which I think it's the most affordable in the market as of this time of writing.
However, given the cases of people losing their assets on Electrum, even though it may have been their own negligence,
Hot wallets are prone to hacking, the people who lost their BTC's on Electrum either had it on a hot wallet and fell for the tricks of scammers or they exposed their seed phrase. If you run Electrum on an air-gapped device and you know what you are doing, then it is as secure as a hardware wallet.I'm wary because I realise that I'm one of those people who can be very careless and still make mistakes when it comes to seed storage.
Even with your hardware wallet you have to store your seed phrase in a secure location, if you are careless or make a mistake with it, you'll still lose your funds just as you'll do with a software or hot wallet.Safepal isn't one of the recommended hardware wallets you can get, neither is Trezor anyway, because of their implementation of wasabi CoinJoin which is pro-surveillance. Safepal is a closed soure hardware wallet and they don't support things like full node, multi-sig, coin control or other wallet software, like Electrum, i don't think it is a great idea to use a hardware wallet with this many flaws and so much more i didn't mention.
The picture looks like S1, which is a little cheaper than what you first ordered (Trezor). But I would not consider it foolishness like you have tagged it, but I will say it's being more careful in order not to lose funds to scammers. A lot of things are happening these days, and you never can tell when they are the ones trying to manipulate your order or the real custom. Be that as it may, it all ended up that you got your funds back and you have taken note of the approach that was used to reach out to you by the custom agents.
Congratulations on taking a step further in ways of protecting your Bitcoin holdings.
But according to this , Safepal hardware wallet review and opinions It's said to be that Safepal's hardware wallet is closed source, which could make it not as safe as it might seem to be unless the developers behind it could no one else could be able to read and verify the code to know what they are really up to in the background.
Congratulations on taking a step further in ways of protecting your Bitcoin holdings.
But according to this , Safepal hardware wallet review and opinions It's said to be that Safepal's hardware wallet is closed source, which could make it not as safe as it might seem to be unless the developers behind it could no one else could be able to read and verify the code to know what they are really up to in the background.
When we invest, the initial capital to do so besides money is of course a wallet. This is now the third year (approaching year 4) that I've been using bitcoin as one of my investment tools to support my retirement in addition to some other investments in property.
There are so many wallets out there today and I've been quite happy in the last few years to use Electrum as my wallet to store my assets.
However, given the cases of people losing their assets on Electrum, even though it may have been their own negligence, I'm wary because I realise that I'm one of those people who can be very careless and still make mistakes when it comes to seed storage.
With some consideration I decided to buy a hard wallet to make me more secure and comfortable in storing my assets. A little story, previously my choice was Trezor because I saw some conditions and reviews from some of my closest friends so I chose it for the first choice and I had ordered the item several months ago.
However, because I am a worker where I have to leave in the morning and go home in the afternoon so I decided to use my wife email and number to order because she is at home every day.
I thought it would be fine and it would arrive safely because I bought directly from the official Trezor website because my initial thought was that it would be safer. But a few weeks later there was a call from my country's Customs saying that my package had been delayed and that I had to pay approximately $35 for my package to be sent immediately.
Since it was my first time making an out-of-country purchase, I ignored the call because I thought it was a scam and I didn't want to pay again after buying from the Trezor site.
But it turned out that I was wrong because precisely by ignoring that, my package was actually like a forced refund for some reason that made my money returned I consider this foolishness for me because maybe I was wrong but I still want a Hard Wallet for my bitcoin storage.
After a lot of drama with my first choice, I finally decided to buy this Wallet last week with many considerations.
Although this wallet is not only focused on bitcoin because there are some features that I will not use and of course there are some disadvantages but I will use this wallet for storing my bitcoin assets at this time. But I will probably only use this for a while because I still want something else for my Hardware Wallet.
There are so many wallets out there today and I've been quite happy in the last few years to use Electrum as my wallet to store my assets.
However, given the cases of people losing their assets on Electrum, even though it may have been their own negligence, I'm wary because I realise that I'm one of those people who can be very careless and still make mistakes when it comes to seed storage.
With some consideration I decided to buy a hard wallet to make me more secure and comfortable in storing my assets. A little story, previously my choice was Trezor because I saw some conditions and reviews from some of my closest friends so I chose it for the first choice and I had ordered the item several months ago.
However, because I am a worker where I have to leave in the morning and go home in the afternoon so I decided to use my wife email and number to order because she is at home every day.
I thought it would be fine and it would arrive safely because I bought directly from the official Trezor website because my initial thought was that it would be safer. But a few weeks later there was a call from my country's Customs saying that my package had been delayed and that I had to pay approximately $35 for my package to be sent immediately.
Since it was my first time making an out-of-country purchase, I ignored the call because I thought it was a scam and I didn't want to pay again after buying from the Trezor site.
But it turned out that I was wrong because precisely by ignoring that, my package was actually like a forced refund for some reason that made my money returned
I consider this foolishness for me because maybe I was wrong but I still want a Hard Wallet for my bitcoin storage.After a lot of drama with my first choice, I finally decided to buy this Wallet last week with many considerations.
Although this wallet is not only focused on bitcoin because there are some features that I will not use and of course there are some disadvantages but I will use this wallet for storing my bitcoin assets at this time. But I will probably only use this for a while because I still want something else for my Hardware Wallet.
Jump to: