Thinking to buy a Bitcoin Hardware Wallet? - Here some tips!

Few tips on what to consider before you buy your next "Hardware Wallet"

rod ✪

9. August 2024August 9, 2024 · 3 Min. Lesezeit3 min read · Aktualisiert am 2. Dezember 2024Updated December 2, 2024

What is a Hardware Wallet / Seed Signer?

Most people call it "Hardware Wallet", which is inaccurate since it is not a wallet, it is a "Seed Signer"

Basically it is an electronic device with a simple user interface which guides you to introduce your seed words, once configured, you will use it in combination with your Bitcoin Wallet to sign transactions.

How does it works?

Once you are fully setup, if you try to send funds with your Bitcoin Wallet, you will be prompted to sign the transaction with your "Seed Signer", it will prompt you to introduce a PIN or a password or use a bio-metric identification, once you do so, the transaction will be broadcasted, without it, you will only be able to receive, not to send.

Are Seed Signers safe?

The answer is yes, but some more than others, you have to do your homework and choose wisely, here is a check list. I suggest you follow it before buying one:

Any Recommendations?

I will suggest you do your own research and do not trust, verify. I am not affiliated or receive any income from any of the products mentioned below...

My favorites so far (yes, they check all the boxes I mentioned):

SeedSigners

If you known of any "Seed Signer" that passes the check list above and I didn't include it, please let me know in the comments, always looking forward to test new products.

Note: Important to understand that devices built with Raspberry Pi don't qualify since they do not pass the Chip SE

#BTC#bitcoin#hwWallet#wallet

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