Does buying a hardware wallet mean you can rest easy?
My understanding: malware could alter what’s shown on your computer screen, so the hardware wallet’s own screen is the final place to verify the details. The receiving address should be checked on the device screen.
A reputable hardware wallet generates its recovery phrase on the device during initial setup; it isn’t prewritten and included in the packaging.
My current practice: if a device arrives with a recovery phrase already written down, don’t use it—contact the brand’s official support team.
$BTC that I plan to hold long-term is often stored in a hardware wallet, and transfer signatures are completed on the device.
#BTC
My understanding: malware could alter what’s shown on your computer screen, so the hardware wallet’s own screen is the final place to verify the details. The receiving address should be checked on the device screen.
A reputable hardware wallet generates its recovery phrase on the device during initial setup; it isn’t prewritten and included in the packaging.
My current practice: if a device arrives with a recovery phrase already written down, don’t use it—contact the brand’s official support team.
$BTC that I plan to hold long-term is often stored in a hardware wallet, and transfer signatures are completed on the device.
#BTC