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Author: Admin | 2025-04-28
To be the most secure way of storing private keys—more so than software or Web3 walletsGives you full control of your private keysSupports a wide range of coins and tokensAllows you to recover your coins if your wallet is lost or stolenConsYou’ll need to buy one—and prices can run up to hundreds of dollarsNot quite as convenient as other wallet options when you need quick access to your cryptoNot all coins are supported by every walletHardware wallet security tipsKeep the following tips in mind to help ensure the security of your crypto coins and tokens:No wallet is 100% secure. If you want to ensure the safety of your funds, the buck stops with you. The most secure wallet in the world is useless unless you properly follow wallet setup or security instructions, so exercise caution at all times.Only buy from a reputable seller. Only buy your hardware wallet direct from the manufacturer or an authorized reseller, since buying a second-hand wallet puts you at risk of hacks and theft.Keep private details private. You should never disclose your hardware wallet’s secure PIN or your crypto private keys to anyone.Don’t lose your recovery seed. You need your recovery seed to access your crypto coins if your wallet is lost or stolen. So, make sure you write this seed on a piece of paper and keep it safe. Better yet, write it on several pieces of paper and keep them all in separate, secure places. Consider purchasing a recovery phrase backup device like Billfodl for even greater peace of mind.Risks of using a crypto walletWhen you use a non-custodial crypto wallet, you reduce the risk of a third-party custodian like a crypto exchange going under and taking your funds with it. However, there are still risks to using both software and hardware crypto
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