Topic: Please Buy a Hardware Wallet - page 9. (Read 2820 times)
Ok, where is the best and cheaper to buy this wallet? And what is the guarantee that it does not hack?
I do not need a hardware wallet for the local exchanges has provided me already my own bitcoin address. I am also contented with the way the managed their clients on their exchange though they required a one time KYC for us to be verified and in order for us also to purchase huge amounts of bitcoin. The level of KYC represents the maximum amount of purchase.
I may be needed a hardware wallet for bitcoin in the near future but I may still need an exchange wallet for me to do the trading. This is why I cant still lose the local exchange wallets for bitcoin. Besides, I feel safe keeping my bitcoin on the wallet provided by the local exchange.
I may be needed a hardware wallet for bitcoin in the near future but I may still need an exchange wallet for me to do the trading. This is why I cant still lose the local exchange wallets for bitcoin. Besides, I feel safe keeping my bitcoin on the wallet provided by the local exchange.
For me i still not use hardware wallet although i already have, coins that i saved is not much. And i already set 2fa in my wallet online. It is already enough for me, but i will suggest people to use hardware wallet because it is really safe to our coins.
Yeah, we are average people with shit knowledge about many things. There are big portion of people who are mastering their hacking arts and making the hacks possible even on the strongly guarded exchanger. Now assume we are just a home outside the kingdom middle of no where. I guess that makes us more vulnerable. Private keys are really mess when it comes to saving them. I have got 30 private keys cop pasted in my notes and I check them regularly over my laptop. They can give access to SHIT coins but still they are worth something and if I loose them then its big loss. I am considering buying Ledger as I have seen its more positive reviews and it is comparatively very much cheaper.
Yes I believed that people should buy hardware wallet because it is one of the secure and safest wallet for your storage. It was entirely offline which also known as cold storage. With hardware wallet, it will be hard for thief to claim your coin because it's require unique PIN.
Yes, hardware wallets are best option to protect your BTC and other crypto and keep hodling.
I do not know where to buy and when but I am comfortable using my own method so the security of my wallet has become good and awake and I am calm and not
You can also add Coinkite Coldcard and Opendime on top of Ledger, Trezor and Keepkey.
I haven't tried Coldcard yet but I will as soon as possible.
I am particularly interested on restoring a seed directly on the device ...
should be way safer than typing the magic words on a laptop
I haven't tried Coldcard yet but I will as soon as possible.
I am particularly interested on restoring a seed directly on the device ...
should be way safer than typing the magic words on a laptop
Thanks for the information mate i guess if most people would switch to the use of using harware wallets other than saving their funds on exchange wallets and web wallets which could be easily compromised cases of hacking of wallets will be reduced. Please it does not really cost much so try and get a hardware wallet. At least is better to spend such a few amount on the safety of your funds than to lose it to some maniac someday.
I see friends who have more than 3 BTS investments and continue to grow because of successful trading. profit is everything for them but they are reluctant to spend a little profit buying a hardware wallet that has the highest level of wallet security. for me asset security is the main thing compared to the multiplied profits but is vulnerable to attacks
Sony Computer Science Labs announced that they have developed a hardware cryptocurrency walllet in the form of a contactless smart card!
https://coincodex.com/article/2541/sony-develops-contactless-hardware-crypto-wallet/
https://coincodex.com/article/2541/sony-develops-contactless-hardware-crypto-wallet/
Yeah I really like and trust the hardware wallets,
For me it is really safe because hackers couldn't access your wallet so they couldn't take your money.
For me it is really safe because hackers couldn't access your wallet so they couldn't take your money.
Right now dont have that much to buy a hardware wallet. But sure, its an great idea to use one if you have sufficient amount. I will go for it in near days.
Many people are too cheap to spend money on hardware wallets. They only support limited currencies as well so they're good for the big ones like BTC, LTC, ETH etc but for all the other tokens they likely won't be of any use.
Can you explain what this is?
You could just google it:
https://en.wikipedia.org/wiki/Air_gap_(networking)
Also:
https://en.bitcoin.it/wiki/How_to_set_up_a_secure_offline_savings_wallet
Air-gapping is probably unnecessary and complicated for the basic user though and I would just recommend a hardware wallet instead. Using a computer, tablet or phone that you only use for your bitcoin wallet would be another suggestion.
You don't need a hardware wallet to store you Bitcoins safely, an air gapped machine will do the job too.
But it takes a bit more time to set-up as you have to verify the authenticity of the executable/installer and make sure your machine is not infected nor connected to the internet. I also think it's a better practice to do it your own way however I understand that non-technical people rather just buy a hardware wallet.
But it takes a bit more time to set-up as you have to verify the authenticity of the executable/installer and make sure your machine is not infected nor connected to the internet. I also think it's a better practice to do it your own way however I understand that non-technical people rather just buy a hardware wallet.
Can you explain what this is?
You could just google it:
https://en.wikipedia.org/wiki/Air_gap_(networking)
Also:
https://en.bitcoin.it/wiki/How_to_set_up_a_secure_offline_savings_wallet
Quote
Overview of existing solutions
The bitcoin ecosystem is still relatively young and unfortunately not many user friendly and highly secure wallets have been developed yet.
Today these are the two best ways to secure your bitcoins against theft:
1. Using a hardware wallet such as TREZOR.
A hardware wallet has two functions - it stores your Bitcoins in a hardened device that is designed to be simple and highly resistant to the usual range of attacks (viruses, hackers, keyloggers).
2. Create a cold storage wallet using BitKey.
Cold storage wallets generates and stores private wallet keys on a clean air-gapped computer.
Used correctly, an air-gapped wallet is safe from all online threats, such as viruses and hackers. It is however still exposed to offline threats, such as hardware keyloggers, extortion, or people looking over your shoulder.
To spend funds from cold storage securely, an unsigned transaction is generated on an Internet connected computer. An unsigned transaction is akin to to an unsigned check. The unsigned transaction is then transfered to the air-gapped computer to be verified & signed with the wallet keys.
Using a cold storage wallet on an air-gapped computer may seem tedious, but remember that security almost always comes at the cost of convenience.
The bitcoin ecosystem is still relatively young and unfortunately not many user friendly and highly secure wallets have been developed yet.
Today these are the two best ways to secure your bitcoins against theft:
1. Using a hardware wallet such as TREZOR.
A hardware wallet has two functions - it stores your Bitcoins in a hardened device that is designed to be simple and highly resistant to the usual range of attacks (viruses, hackers, keyloggers).
2. Create a cold storage wallet using BitKey.
Cold storage wallets generates and stores private wallet keys on a clean air-gapped computer.
Used correctly, an air-gapped wallet is safe from all online threats, such as viruses and hackers. It is however still exposed to offline threats, such as hardware keyloggers, extortion, or people looking over your shoulder.
To spend funds from cold storage securely, an unsigned transaction is generated on an Internet connected computer. An unsigned transaction is akin to to an unsigned check. The unsigned transaction is then transfered to the air-gapped computer to be verified & signed with the wallet keys.
Using a cold storage wallet on an air-gapped computer may seem tedious, but remember that security almost always comes at the cost of convenience.
Air-gapping is probably unnecessary and complicated for the basic user though and I would just recommend a hardware wallet instead. Using a computer, tablet or phone that you only use for your bitcoin wallet would be another suggestion.
lately hackers are constantly looking for ways to steal our data and assets, if the datacenter does not keep upgrading their systems would be hackers can find a bug to steal our data. storing assets in the form of wallet hardware is one of the safest ways to choose. I assume because their jobs are hacking they will do everything to get profit and will continue improvising to penetrate existing security systems.
I always kept an eye on this subject hoping that I may need this when my portfolio becomes fat enough.
And I was convinced that hardware wallet is one of the best solutions for safety. Until the last vulnerability of Ledger popped out.
Although it's a bit more effort, I also think that people should really consider an air gapped cold storage instead of hardware wallet.
And I was convinced that hardware wallet is one of the best solutions for safety. Until the last vulnerability of Ledger popped out.
Although it's a bit more effort, I also think that people should really consider an air gapped cold storage instead of hardware wallet.
Thats a good news dude, Im looking forward using it in the future but for now my btc is safe and i dont do too much trading and i even tranfer my bitcoin once a week or month so my bitcoin always stay on my wallet. If my bitcoin is a high amount already i surely use hardware wallet.
You don't need a hardware wallet to store you Bitcoins safely, an air gapped machine will do the job too.
But it takes a bit more time to set-up as you have to verify the authenticity of the executable/installer and make sure your machine is not infected nor connected to the internet. I also think it's a better practice to do it your own way however I understand that non-technical people rather just buy a hardware wallet.
But it takes a bit more time to set-up as you have to verify the authenticity of the executable/installer and make sure your machine is not infected nor connected to the internet. I also think it's a better practice to do it your own way however I understand that non-technical people rather just buy a hardware wallet.
Can you explain what this is?
You don't need a hardware wallet to store you Bitcoins safely, an air gapped machine will do the job too.
But it takes a bit more time to set-up as you have to verify the authenticity of the executable/installer and make sure your machine is not infected nor connected to the internet. I also think it's a better practice to do it your own way however I understand that non-technical people rather just buy a hardware wallet.
But it takes a bit more time to set-up as you have to verify the authenticity of the executable/installer and make sure your machine is not infected nor connected to the internet. I also think it's a better practice to do it your own way however I understand that non-technical people rather just buy a hardware wallet.
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