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Author Topic: Bitcoin hardware wallet  (Read 9495 times)

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Re: Bitcoin hardware wallet
« Reply #15 on: December 23, 2023, 11:10:49 AM »
I think, For keeping your bitcoins safe, good hardware wallets are Ledger Nano S, Ledger Nano X, Trezor Model T, and KeepKey. They're like special USB drives that keep your bitcoins super secure. Pick one that feels right for you to make sure your bitcoins are safe and sound!
Ledger Nano models are always being advised as the best hardware wallets, however, we all heard about the previous massive ledger hack and the fake app of the Ledger Nano models that were added to the Microsoft store. Ledger Nano is being targeted now as the hackers know that there are a lot of users of this hardware wallet. So, before using Ledger Nano, make sure to follow all the needed steps to fully secure the hardware wallet.
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Re: Bitcoin hardware wallet
« Reply #15 on: December 23, 2023, 11:10:49 AM »

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Offline shuvenker999

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Re: Bitcoin hardware wallet
« Reply #16 on: December 26, 2023, 01:38:05 PM »
Ledger is a good hardware wallet.  But if you are looking for another open source hardware wallet and want to switch there then you can choose Trezor as we know it as a good hardware wallet. Charles-Tim has already linked a list here that lists several open source wallets. You can choose your preferred wallet from there but as per my personal advice I think it would be better to use Trezor. I have nothing more to say than that.

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Re: Bitcoin hardware wallet
« Reply #17 on: December 26, 2023, 02:13:39 PM »
I have nothing in mind but a Ledger wallet. If you are looking for a safe and tested hardware wallet you can also try it and see for yourself that this is indeed the best hardware wallet. Just make sure to buy at the official website of Ledger to avoid receiving a compromised wallet.

Offline gunhell16

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Re: Bitcoin hardware wallet
« Reply #18 on: December 26, 2023, 04:16:28 PM »
In the years Trezor and Ledger Nano have passed the recommendable hardware wallets for the crypto community. To this day, it has recently been an issue here but the confidence of most communities seems to have not been affected by this either.

But if others look at the hardware wallet, there is also a proper use in addition to those who are actually Secux W20, elliptic labs titanium, ledger nano s plus And there is more to the hardware wallet and this is the Ngrave.

« Last Edit: December 26, 2023, 04:33:05 PM by gunhell16 »
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Re: Bitcoin hardware wallet
« Reply #19 on: December 26, 2023, 04:28:28 PM »
Bitcoin is the most expensive cryptocurrency, with the largest market capitalization, hence ranked one in terms of that.

Hardware wallets are the most secure wallet types, as it comes with different levels of security.

Now, can anyone tell the best bitcoin hardware wallets to store the bitcoins safely?
Yes, hardware wallets are the most secure way to store Bitcoin when it comes to security. I think Wallets made of excellent hardware that are renowned for their security features include Trezor Model T, Coldcard and Ledger Nano X. In my opinion its my strongly advised to store bitcoins securely using one of these wallets which provide different security levels.

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Re: Bitcoin hardware wallet
« Reply #20 on: December 27, 2023, 08:45:23 PM »
I have never used Hardare Wallet and I also haven't seen the hardware wallet.
But many say and suggest in this forum to use hardware wallet in the form of TREZOR and Nano Ledger.


I agree with you mate nano ledger and Trezor are good wallet. Many investors suggest both to keep our assets.
But I personally prefer used trust wallet and exchange wallet because I don't hold for long term investment.
I just  trader..When market trend show good performance, I will do trade.
But It always depends on  what you need in crypto, as trader or holder...
« Last Edit: December 28, 2023, 01:09:46 AM by therozaq »
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Re: Bitcoin hardware wallet
« Reply #21 on: December 28, 2023, 01:03:27 PM »
I have never used Hardare Wallet and I also haven't seen the hardware wallet.
But many say and suggest in this forum to use hardware wallet in the form of TREZOR and Nano Ledger.


I agree with you mate nano ledger and Trezor are good wallet. Many investors suggest both to keep our assets.
But I personally prefer used trust wallet and exchange wallet because I don't hold for long term investment.
I just  trader..When market trend show good performance, I will do trade.
But It always depends on  what you need in crypto, as trader or holder...
I don't want to describe the worst of all because I also prefer software wallets to hardware wallets.
Hardware wallets seem to be quite expensive, whereas we just need to install the wallet software on the smartphone we have. Just like your choice mate.
There are definitely pluses and minuses between software and hardware wallets, but the main thing is that in my opinion, hardware wallets are not efficient and simple and are expensive to own.
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Re: Bitcoin hardware wallet
« Reply #21 on: December 28, 2023, 01:03:27 PM »


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Re: Bitcoin hardware wallet
« Reply #22 on: December 28, 2023, 02:36:53 PM »
As for Bitcoin wallet hardware, I've never used it and I've never even heard of it, but now the wallets that people often use are personal wallets and exchange wallets... but storing our assets in an exchange wallet is easy to hack and if we use a personal wallet it might be difficult for people to hack it. .
My advice is that if you want to store your assets safely and avoid being hacked, you have to install strong security in your wallet, so that your wallet is safe from burglary.
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Re: Bitcoin hardware wallet
« Reply #23 on: December 28, 2023, 07:28:25 PM »
A Bitcoin hardware wallet is a physical device designed to securely store and manage offline. Usually software wallets or online wallets are very insecure. Where there is a risk of hacking or unauthorized access. Hardware wallet on the other hand is completely offline and user can use it by connecting to the device for his own needs. It protects Bitcoin from unauthorized access or hacking in that case. So I think bitcoin hardware wallet is much safer than software wallet.

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Re: Bitcoin hardware wallet
« Reply #24 on: December 29, 2023, 02:13:36 PM »
Hardware wallets are the most secure wallet types, as it comes with different levels of security.

Not really, because lately we can see lot of issues related to the security of funds especially the Ledger which stole people's seed phrase via Ledger live and the company lied and tried to cover up about all the things in multiple ways so staking my money with HW isn't the best option.

So what do we get other than HW, then we have a Paper wallet, Airgapped wallet, and Multi-signature wallet.
« Last Edit: December 29, 2023, 02:40:48 PM by Findingnemo »

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Re: Bitcoin hardware wallet
« Reply #25 on: December 29, 2023, 05:54:06 PM »
I have nothing in mind but a Ledger wallet. If you are looking for a safe and tested hardware wallet you can also try it and see for yourself that this is indeed the best hardware wallet. Just make sure to buy at the official website of Ledger to avoid receiving a compromised wallet.
I don't know about You, but I have personally lost complete confidence in Leadger hardware wallet. Recent hack of their library + recovery cid phrase. In addition, it has an internet connection, which is not about security at all. Rather, You can lose all your savings than save.

If you buy a wallet, then only one that has not been hacked + which has a great reputation and has been on the market for a long time. Minimum criteria that are credible.  8)
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Offline SamReomo

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Re: Bitcoin hardware wallet
« Reply #26 on: December 29, 2023, 06:48:41 PM »
Hardware wallets are the most secure wallet types, as it comes with different levels of security.
Hardware wallets are secure but the aren't the most secure wallet types as far as I know. I would say that a software wallet on an air-gaped system is way more secure than any hardware wallet. But, the user who may install the software wallets should be careful because if someone install a software wallet on a insecure system won't have any benefits.

That's why I always recommend users to go with a Linux based distribution especially when they are thinking about an air-gaped system. In a Linux distribution when someone installs a software wallet like Electrum and creates his/her wallet, and also saves the seed phrase and private keys on a secure SSD and writes them on a paper is going to have a much secure system as compare to the ones having hardware wallets.

As long as your wallet is on an air-gaped system and you don't share any of your wallet details with others then you don't have to worry about anything at all. Such type of software wallet is much secure than a hardware wallet.
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Re: Bitcoin hardware wallet
« Reply #27 on: December 30, 2023, 08:07:51 AM »
I have nothing in mind but a Ledger wallet. If you are looking for a safe and tested hardware wallet you can also try it and see for yourself that this is indeed the best hardware wallet. Just make sure to buy at the official website of Ledger to avoid receiving a compromised wallet.
Like seriously? I can't adviev anyone to invest on Ledger wallet, they are not as good as Trezor, and how many times have you heard bad things about Trezor? Because I have not, unlike Ledger, they are not really doing a good job on security of their users.

For me I will go with Trezor, Keystone, Ellipal.

Whichever hardware wallet you decide to go with, make sure it's offline, open source, and also air gapped, they are much more reliable and safer, because they work like cold storage.

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Re: Bitcoin hardware wallet
« Reply #28 on: December 30, 2023, 10:34:56 AM »
I have nothing in mind but a Ledger wallet. If you are looking for a safe and tested hardware wallet you can also try it and see for yourself that this is indeed the best hardware wallet. Just make sure to buy at the official website of Ledger to avoid receiving a compromised wallet.
Like seriously? I can't adviev anyone to invest on Ledger wallet, they are not as good as Trezor, and how many times have you heard bad things about Trezor? Because I have not, unlike Ledger, they are not really doing a good job on security of their users.

For me I will go with Trezor, Keystone, Ellipal.

I agree, trezor is my first option right now as well.

Ledger has some problems now.

Recent bad news:

Ledger connect kit compromised


Ledger backdoor , for sending your seed online
https://np.reddit.com/r/ledgerwallet/comments/13itm7u/is_there_a_backdoor_yes_or_no/jkbyyfp/
« Last Edit: December 31, 2023, 01:04:53 PM by bitmover »
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Re: Bitcoin hardware wallet
« Reply #29 on: December 31, 2023, 04:09:09 AM »
I think, For keeping your bitcoins safe, good hardware wallets are Ledger Nano S, Ledger Nano X, Trezor Model T, and KeepKey. They're like special USB drives that keep your bitcoins super secure. Pick one that feels right for you to make sure your bitcoins are safe and sound!

FYI, Ledger Nano S has been discontinued.
Do you have one of the hardware wallets you recommend above and have experience using one of them?


As for Bitcoin wallet hardware, I've never used it and I've never even heard of it, -snip-

You can see a comparison of several hardware wallets, including at the following link:
https://thebitcoinhole.com/hardware-wallets.

DWYOR-DYOR


Whichever hardware wallet you decide to go with, make sure it's offline, open source, and also air gapped, they are much more reliable and safer, because they work like cold storage.

Open source wallet does not always guarantee security*, but it can be better than closed source wallet.

*An example of a case that occurred with the Libbitcoin Explorer (bx) cryptocurrency wallet tool: https://milksad.info/.


-snip-



It seems there is a slight error in including BBCode in your post. Maybe you should use the preview feature and read again even though it has already been posted because it is not uncommon for there to be differences in appearance between the preview and the post.
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