Are you using Hardware Wallets?

[Husna QA]

besides, there are much better ways to secure funds IMO but as you said HD has its own perks but I will pass them, as they can get physical damage, they can be lost, etc. etc.

The smartphone or PC you use to install the wallet can also be lost or damaged.

If you have a backup seed phrase from your hardware wallet, you can always recover your wallet from damaged or lost hardware to the same type of hardware wallet or another wallet that still supports the same kind of seed.

Hardware Wallets are really safe and secure for our coins This is impossible to be hacked. People prefer using this one especially if they're looking for a long-time hold. But it is a little bit pricey but secure

I will not say they are impossible to be hacked, if you will connect them with compromised devices they will be compromised as well, besides using HD wallets we can use Airgapped wallets as well. But complexities in using Airgapped wallet increases in compare to HW for a newbie.

As far as I know, hardware wallets are less likely to be compromised, even if connected to compromised devices, because the hardware wallet does not use the same operating system as the device.

A virus-infected computer or smartphone is a common cause for loss of cryptocurrency investments. If the victim uses an online (hot) wallet, the criminals can steal the private key and perform, all by themselves, any transactions they need to empty the wallet. The trick won’t work with a hardware wallet, but other attack vectors can be employed in this case.

[NikeFit_7777]

Does the hacking of Trezor's official account on X media indirectly mean that the Trezor hardware wallet is easily hacked, too?
I don't know whether the admin account is also the core team in the Trezor hardware development project.

Everything is as individualized as possible. For some people it doesn't, for others it really plays a big role. In any case, this is unacceptable - if the goal of the campaign is safety and tc. In any case, this is a prime example of the kind of thing That it is not safe to keep funds anywhere + a lot of things may indirectly not depend on us.

P.S. I personally do not use this wallet. In general, the reviews I read about it are only positive. Everyone makes the final choice on their own. 

[dkbit98]

The smartphone or PC you use to install the wallet can also be lost or damaged.

It's probably much easier for smartphone to be lost or stolen than any other device people are using.
Fact is that many people use weak passwords, one password for everything, or they don't use any protection at all, makes their smartphones very insecure.

As far as I know, hardware wallets are less likely to be compromised, even if connected to compromised devices, because the hardware wallet does not use the same operating system as the device.

I didn't hear anyone losing coins by connecting hardware wallets to compromised devices, but it s possible for some malware to change and insert their receiving addresses.

[Husna QA]

The smartphone or PC you use to install the wallet can also be lost or damaged.

It's probably much easier for smartphone to be lost or stolen than any other device people are using.
Fact is that many people use weak passwords, one password for everything, or they don't use any protection at all, makes their smartphones very insecure.

Moreover, the wallets on smartphones not protected by antivirus/anti-malware software can be more vulnerable when connected to the internet more frequently.

As far as I know, hardware wallets are less likely to be compromised, even if connected to compromised devices, because the hardware wallet does not use the same operating system as the device.

I didn't hear anyone losing coins by connecting hardware wallets to compromised devices, but it s possible for some malware to change and insert their receiving addresses.

Therefore, it is necessary to double-check the address on the hardware wallet when making a transaction.

As you mentioned, cases like malware that hacks devices (computers or smartphones), such as Clipboard attacks, may still occur.*
Nor have I ever encountered a case where a hardware wallet was affected by connecting to compromised devices.

*

Risk number three: malware

A virus-infected computer or smartphone is a common cause for loss of cryptocurrency investments. If the victim uses an online (hot) wallet, the criminals can steal the private key and perform, all by themselves, any transactions they need to empty the wallet. The trick won’t work with a hardware wallet, but other attack vectors can be employed in this case. For example, the moment the victim makes a legitimate transfer, malware can substitute the destination wallet’s address to redirect the money to the criminals. To pull it off, malware monitors the clipboard and, as soon as a crypto wallet address is copied there, replaces it with the scammers’ wallet address.

The threat can be mitigated to some extent by carefully matching the addresses displayed in the hot wallet or on the cold wallet screen, but depending on the device some other issues may come into play: many hardware wallets have a screen that’s too small to adequately read long blockchain addresses. And knowing that the hardware wallet’s integration with the computer application can also be vulnerable to attacks, even the address displayed on the computer screen can be falsified.

[dkbit98]

Moreover, the wallets on smartphones not protected by antivirus/anti-malware software can be more vulnerable when connected to the internet more frequently.

All those anti-virus and anti-malware software is mostly crap that is only used for spying, they won't protect any computer from getting infected, they will just have a bunch of false positives, and waste system resources.
Good Linux operating system doesn't need any anti-virus software, it's only needed to wind0ws crap.
Malware can still be installed on smartphones with apps and clicks.

[Husna QA]

Moreover, the wallets on smartphones not protected by antivirus/anti-malware software can be more vulnerable when connected to the internet more frequently.

All those anti-virus and anti-malware software is mostly crap that is only used for spying, they won't protect any computer from getting infected, they will just have a bunch of false positives, and waste system resources.

Yes, not all antivirus work appropriately, and not all OS also need antivirus; in this case, the hardware wallet doesn't need this too, because there is little chance of being infected by a virus;
The antivirus I mean above is for operating systems that are known to be susceptible to viruses, whether it's the PC or smartphone OS version.

Good Linux operating system doesn't need any anti-virus software, it's only needed to wind0ws crap.
Malware can still be installed on smartphones with apps and clicks.

I am a MacOS user, and so far, I have never encountered any problems related to viruses/malware, such as clipboard attacks or other types of viruses.

[Mr. Magkaisa]

        -      Right now while I'm still waiting for my hardware wallet order, the first thing I'm using for the meantime is flash drive USB, and for bitcoin it's still electrum.

In the usb flash drive as long as safe and hidden only I know no one else, actually I have 3 usb flash drives as a backup, so at least if I lose one, I still have a memory where they all have the same content saved theirs.

[Litzki1990]

Moreover, the wallets on smartphones not protected by antivirus/anti-malware software can be more vulnerable when connected to the internet more frequently.

All those anti-virus and anti-malware software is mostly crap that is only used for spying, they won't protect any computer from getting infected, they will just have a bunch of false positives, and waste system resources.
Good Linux operating system doesn't need any anti-virus software, it's only needed to wind0ws crap.
Malware can still be installed on smartphones with apps and clicks.

A hardware wallet is an electronic device just like a mobile is an electronic device. I have never used a hardware wallet but have seen many videos on youtube on how to use a hardware wallet and how this wallet works. As we are now involved with smartphones or various electronic devices if we ever want to use all these hardware wallets then it will not be very difficult for us. I know how it works and how to use it but I have no idea what to do if this wallet ever gets lost.

[Husna QA]

A hardware wallet is an electronic device just like a mobile is an electronic device. I have never used a hardware wallet but have seen many videos on youtube on how to use a hardware wallet and how this wallet works. As we are now involved with smartphones or various electronic devices if we ever want to use all these hardware wallets then it will not be very difficult for us. I know how it works and how to use it but I have no idea what to do if this wallet ever gets lost.

Hardware wallets are categorized as non-custodial wallets. When using it, you generate a seed phrase and create a wallet. So, this seed phrase is what you can use to recover* your wallet when you experience problems with your hardware wallet, such as an error when installing the firmware, or because the hardware wallet is damaged, lost, or for other reasons.

You can recover on the same or different brand of hardware wallet or even on a software wallet (non-hardware wallet) if the wallet supports the seed type (generally BIP39).

* Example:
- Trezor Recovery
- Restoring Passport With Seed Words

[gunhell16]

Hardware wallets are much safer option for holding your cryptocurrencies, and there are many options to choose but they are not perfect.

If you are using hardware wallet please tell us the model you have.

If you don't use any hardware wallet can you please state your reasons why.

Well, in the years I've been here, I still don't have a hardware wallet in use, but I only use the Electrum wallet and the Klover Apps wallet at the moment, as well as the Metamask wallet. And in several years of this setup, I haven't faced any issues with them.

But as long as possible, it's good to have a hardware wallet, of course, because there are still other things you can do with it, because apart from the ones I mentioned, I only use USB or flash drives.

[LogitechMouse]

~
If you don't use any hardware wallet can you please state your reasons why.

I don't have money to use to buy a hardware wallet.

Kidding aside, I know that using a hardware wallet would make our assets safer, but I've been into crypto for years already and until now, I'm still not buying a hardware wallet. Maybe because I don't have a trust towards those sellers out there. In our country, there's no trusted sellers of hardware wallet. I'll buy at their official store? Maybe in the future when I have lots of assets already but for now, I'll stick with what I'm using.

Never been hacked nor scammed (will never be). All goods, and I'm comfortable using it (for now.

[JISAN]

Hardware wallets are much safer option for holding your cryptocurrencies, and there are many options to choose but they are not perfect.

If you are using hardware wallet please tell us the model you have.

If you don't use any hardware wallet can you please state your reasons why.

Well, in the years I've been here, I still don't have a hardware wallet in use, but I only use the Electrum wallet and the Klover Apps wallet at the moment, as well as the Metamask wallet. And in several years of this setup, I haven't faced any issues with them.

But as long as possible, it's good to have a hardware wallet, of course, because there are still other things you can do with it, because apart from the ones I mentioned, I only use USB or flash drives.

Hardware wallets protect crypto a lot from incidents like hacking. But it is used only by those who have large amount of crypto assets. I want to use hardware wallet but since crypto is illegal in my country I am not getting delivery from any wallet providers in my country and I am afraid to take it delivery through 3rd party so still I am using Electrum wallet as best wallet and i am using it as alternative of hardware wallet ha ha ha

[paid2]

Hardware wallets protect crypto a lot from incidents like hacking. But it is used only by those who have large amount of crypto assets. I want to use hardware wallet but since crypto is illegal in my country I am not getting delivery from any wallet providers in my country and I am afraid to take it delivery through 3rd party so still I am using Electrum wallet as best wallet and i am using it as alternative of hardware wallet ha ha ha

If it is illegal I understand that you don't want a HW delivered to your door of course. But in this case why not buying a Raspberry Pi and make a Pitrezor (or any other DIY solution) ? Not saying Electrum is not good; just curious.

[dkbit98]

Hardware wallets protect crypto a lot from incidents like hacking. But it is used only by those who have large amount of crypto assets. I want to use hardware wallet but since crypto is illegal in my country I am not getting delivery from any wallet providers in my country and I am afraid to take it delivery through 3rd party

You don't have to buy hardware wallets from manufacturers but I am sure they are not illegal as devices itself.
Alternative option is to make your own DIY hardware wallet signing device, it's easy to do it with RaspberryPi zero (SeedSigner), or with M5stickV and/or Maix Amigo (Krux wallet).
This are all cheap options, but you can also use old smartphone or old laptop.

DIY Open Source Hardware wallets (signing devices):

• Jade DIY Wallet
• Bowser DIY Wallet
• Trezor DIY Wallet
• PiTrezor DIY Wallet
• Specter DIY Wallet
• SeedSigner DIY Wallet
• Krux DIY Wallet

[NikeFit_7777]

DIY Open Source Hardware wallets (signing devices):

• Jade DIY Wallet
• Bowser DIY Wallet
• Trezor DIY Wallet
• PiTrezor DIY Wallet
• Specter DIY Wallet
• SeedSigner DIY Wallet
• Krux DIY Wallet

Thanks for sharing the list, are there any other useful articles + detailed instructions? If you have such ones saved, also share them. For me personally, it will be very useful and I will save it for myself + also for other users. I can't even imagine how much time is saved searching for this kind of information. That's why I love forums - you can find absolutely anything in one place.

P.S. Have you tried to make a do-it-yourself device?