There was a card printed with a recovery phrase tucked inside the hardware wallet I received. Is it safe to use?
A hardware wallet protects your private keys from being stolen over the internet. But if you approve a transaction on the device yourself, it will still sign it as instructed.
A broken hardware wallet doesn’t mean your assets are lost. You can use your recovery phrase to restore them on another compatible device.
I didn’t understand this before, and the lessons I learned cost me enough to buy several hot pot dinners.
It’s safer to keep most of your assets in offline storage and only keep a small amount on hand for everyday use.
$BTC 75977.31(+0.052%)
#BTC
A hardware wallet protects your private keys from being stolen over the internet. But if you approve a transaction on the device yourself, it will still sign it as instructed.
A broken hardware wallet doesn’t mean your assets are lost. You can use your recovery phrase to restore them on another compatible device.
I didn’t understand this before, and the lessons I learned cost me enough to buy several hot pot dinners.
It’s safer to keep most of your assets in offline storage and only keep a small amount on hand for everyday use.
$BTC 75977.31(+0.052%)
#BTC
