0 like 0 dislike
0 like 0 dislike
Hi ,
I am just starting my Bitcoin journey. I have none yet. Should I just go straight for a hardware wallet and if so, which one is best?
Thanks in advance

21 Answers

0 like 0 dislike
0 like 0 dislike
Do it once, do it right.  Hardware wallets are not expensive considering the protection they provide.  I'd recommend starting out with a Trezor for the ease of use.  Later down the line if you decide yo really dig deep with advanced features look into a Cold Card.
0 like 0 dislike
0 like 0 dislike
The BitBox02 from ShiftCrypto, Bitcoin only version, is in my opinion the best device out there. Great UX/UI, high security and open source code!
0 like 0 dislike
0 like 0 dislike
Trezor, Ledger and Coldcard are the most common hardware wallets (and they're all acceptable IMO)
0 like 0 dislike
0 like 0 dislike
IMO if you are not gonna buy huge amounts nope. I use an old phone as a wallet personally.
0 like 0 dislike
0 like 0 dislike
Ledger
0 like 0 dislike
0 like 0 dislike
Welcome on board.

⚠️ First thing's first: Please be vigilant and take extra care if anybody tries to reach you via DM and asks you to do anything you're unfamiliar with, including "verifying your identity" or anything such. Crypto world has a ton of different scams going around at the same time, so be careful out there. ⚠️

Now for your question, having a hardware wallet is simply a way to ensure that your wallet remains offline for the most part. In effect, minimising interaction with the internet and other communication methods drastically reduces possibilities of an exploit. Your seed phrase (also called mnemonics, seed pass, secret phrase, etc.) is the real deal. So you MUST, under all circumstances, keep that seed phrase safe and secret. That'll be your ONLY way to access your funds. Similarly, if anybody has your seed phrase, they have all your funds.

The typical choices in hardware wallets are Ledger Nano S or X, D'cent, or Trezor. I'd personally recommend Trezor considering it's open source - i.e. anybody can read its source code in its entirety at any time. Trezor is also the OG hardware wallet. Ledger and D'cent are more towards proprietary code and ease of use. They're still great wallets. Ultimately, it depends on your personal values which one you'd like to choose and how you want to maintain a balance between transparency, price, and usability.

Hope this helps. Feel free to ask questions!
0 like 0 dislike
0 like 0 dislike
I use samourai on an old phone because Andreas told me to
0 like 0 dislike
0 like 0 dislike
Yes!  The faster you get one the faster you learn about bitcoin's properties.

Ledger/Trezor - Good cheap starter wallets, but support shitcoins

Coldcard - Super feature rich, but more expensive.

​

Buy directly from the company, and purchase with bitcoin to get a better handle on how to make bitcoin transactions.
0 like 0 dislike
0 like 0 dislike
Ledger nano s plus
0 like 0 dislike
0 like 0 dislike
Deng no naked women… crypto really disappoints these days :/

No related questions found

Welcome to Bitteg, where you can ask questions and receive answers.