Topic: Where can I buy a hardware wallet? - page 2. (Read 413 times)

Yeah, you're right, cold wallets is the best choice. It's necessary shouldn't be hardware wallet. It can be properly made paper wallet too which won't cost you anything. It's good choice when you're planning to HODL Bitcoins for long, but if you're planning to use your coins often, hardware wallet is more convenient thing.
It's strongly adviced to buy hardware wallet from manufacturer or official resellers. Never buy from unauthorized seller or used wallet. There is many stories how people lost their coins in this way. Security of your assets isn't place to try save $10-15.
Most popular brands is Ledger and Trezor. There is some less known brands, but it would be better to stick with these two. Price depends on what model you're going to buy. Trezor One costs €59, while newer Model T €180.29. Ledger Nano S costs €59, while Nano X (more memory, bigger screen, Bluetooth and free shipping) - €119. Additionaly these wallets may cost a bit more expensive with shipping fee added.

roadrunnerjaiv2025, no matter which hardware wallet you buy, first get acquainted with all the rules of how to use it properly. Although one such device is a very secure way to store private keys - users of such devices still lose their coins every day because they do not understand how important backup in the form of seeds (24 words) is. If you learn that the seed should not be written anywhere other than in the device itself - and that you shouldn't need to store it online (at least not unencrypted) then you are already well on your way to ensuring relatively good security.

If you are from the EU then buying directly from the manufacturer is a logical choice, and if you are not check Ledger&Trezor legal resellers.

They are as safe as you make them be. A hot wallet on a completely clean, offline and secure PC is just as safe - but you need to really know what you're doing in order to keep the safety at a constant level. However, hardware wallets are more convenient as in you don't have to worry about everything. They are supposedly safe even if you plug them into an infected PC. As long as you keep them up to date all the time, you should really be fine.

Depends on what you mean by "memorized seed phrase". If you're talking about a seed phrase that you try to remember using your own brain, that is a very big flaw. Imagine having an unfortunate accident that causes a memory loss. Or imagine having forgotten a word or two out of your seed - or the correct order. Using your own brain to remember a seed is a big risk.

Again - as durable as the method of storage is. A paper wallet could be easily destroyed by heat/water. Hardware wallets are more resistant when it comes to the materials, but you still have to store your hardware wallet's seed somewhere. That could also be a paper. So keep this in mind - and a metal seed storage could come in handy in order to lower the chances of something going wrong.

Using desktop wallets isn't a bad idea. But try to avoid custodial web wallets. I mean, try to avoid web wallets at all. You could use your hardware wallet with compatible web wallets - that's fine, because you'd still store your coins on the hardware. But avoid Blockchain wallet, Coinomi and any other custodial/closed-source wallet. There's Electrum - it does an amazing job when it comes to being both fast and convenient and has a lot of functions as well.

Also, try to use your hot wallet only for short term txs. If you need to make a payment, use that hot wallet temporarily for it. Afterwards, move all your funds back to the cold storage.

It's usually recommended not to purchase it from a reseller. Think about it - is it worth paying $10 less to later find out your device has been tampered with and your funds just poof as soon as you send them to your HW?

There could even be fake wallets (IIRC, there was a fake Trezor selling around at one point) you might purchase unknowingly. Therefore, the best thing you can do is just get it from the original source or authorised sellers (you find the authorized ones on official hardware wallet websites).

Trezor and Ledger are the most widely used and known. I own both of them - it really depends on what coins you want to store and what functions you want the HWs to have. Check out both websites and their products, compare them and see which one you like more.

Another good alternative: https://trezor.io/

There is an official reseller as well: https://trezor.io/resellers/

For Ledger: https://shop.ledger.com/pages/retailers/

The risk is buying from someone that is supposedly a reseller (non-authorised).

In addition to the hardware wallet suggested above, you have https://trezor.io/

Unless you're interested in holding some specific altcoins, you should probably go with the Trezor One (48.76 EUR).

You are going to pay money so why not pay it secure. Of course buy directly from the manufacturer and always use the seed that you created by your own. I am using Ledger Nano S from long years and I can recommend it for you. There are other good hardware wallets too.

Here is their website: https://www.ledger.com

I understand that cold storage wallets are the safest form of bitcoin wallets because they are completely independent from the Internet.

I also understand that a cold storage wallet may come in the form of a piece of paper, a hardware device, or simply a memorized seed phrase. I’d prefer using a hardware wallet because I’m more familiar with it and it's apparently the most durable of the three. Of course, I’m still going to use my web and desktop wallets but it would be nice to have a hardware wallet as early as now.

Someone told me that it’s best to buy a hardware wallet directly from a manufacturer to avoid getting a tampered product. Is that always true? How risky can buying from a reseller be? Can you recommend a good brand or manufacturer? And how much do hardware wallets usually cost? Thanks in advance for your answers and tips.