/biz/ - Business & Finance

[Anonymous No.57177763]

(move to /g/ if this is not the right board)

Hey /biz/, I am interested in getting a hardware wallet. Any opinions about them? Also, should I save my money and get the nano S on instead of the X? afaik, the only difference is BT. Also, any dangers on buying them on ebay?

[Anonymous No.57177792]

Get the Trezor Safe 3. Use a passphrase for extra security.

[Anonymous No.57177805]

>>57177792
Any dangers of buying them used?

[Anonymous No.57177811]

>>57177763
Don't buy on ebay. Only buy from the source.

[Anonymous No.57177825]

>>57177805

Not really since they have some cryptographic signed chip and software verifies them. The new Trezor does, not the old ones. Ledger all of them have it iirc.

[Anonymous No.57177836]

>>57177763
>>57177805
For the love of god don’t buy them from eBay or Amazon or used. Scammers open them up get the seed phrases then repackage them and will rug you in the future. Only buy directly from the manufacturer and no where else

[Anonymous No.57177842]

>>57177836
Read about that online. Can't you just change the seed?

[Anonymous No.57177848]

>>57177763
DONT BUY A LEDGER.
THEY'RE BACKDOORED AND THEY TRACK YOU.
t. buyers remorse

[Anonymous No.57177857]

>>57177763
/g/ doesn't like crypto much desu

I have a ledger nano s but if I was buying a hardware wallet right now I'd consider a trezor or bitbox

[Anonymous No.57177883]

>>57177842
I’m not really sure but I feel like it isn’t worth the risk. Safer to just buy from the manufacturer where you can trust the chain of custody.

[Anonymous No.57177893]

>>57177836
Yeah agreeing with this
Don't be a fucking retard OP. Saving a few bucks isn't worth the security risk

If you have less than $1k in crypto you simply don't need a hardware wallet.

If you are comfortable saving $50 to risk losing $1k or more/however much you have then check your head.

[Anonymous No.57177899]

>>57177763
I wouldn't buy a Ledger since it has a battery that will go bad in a few years

[Anonymous No.57177917]

>>57177836
>>57177893
what stops the manufacturer from doing the same?

[Anonymous No.57177926]

>>57177763
>/g/
lmao, it used to be my main board, but these guys are absolute bootlicking luddites turns out.

[Anonymous No.57177931]

>>57177917
nobody will buy from them

[Anonymous No.57177932]

>>57177926
/g/ doesn't just hate crypto, they hate doing literally anything but talking about ecelebs and culture war. i removed it from my boardlist and deleted it from my browser history and haven't opened it in a year, what a garbage board.

[Anonymous No.57177984]

>>57177931
they could wait till years down the road to do it couldnt they? in which case no one would know until after the fact and that is if the attack is understood to have happened in that way

[Anonymous No.57178006]

>>57177848
Source?

[Anonymous No.57178089]

>>57178006
Tracking:
https://bitcoinist.com/ledger-tracking-each-and-every-move-you-make/
Backdoor:
https://decrypt.co/140364/is-there-a-backdoor-in-ledger-hardware-wallets
Ignore the comment where Ledger claims there is no backdoor, of course they will say this but they easily could because a) it is possible to recover seed and b) the software is closed source.
Most people bought a ledger on the belief that it was physically impossible to extract the seed (a dumb misconception apparently, but not one Ledger attempted to correct), but this is clealy not true.

[Anonymous No.57178206]

>>57178089
So trezor safe 3 is good to go? i have a ledger but never actively use it....just store on there and forget.

[Anonymous No.57178220]

>>57177917
>>57177984
>how do I know proprietary software/hardware doesn't have backdoors?
you don't

[Anonymous No.57178316]

>>57177763
Ledger has gotten hacked and had their customer sales data (contact info and shipping address) leaked. They also backtracked on their promise that your seed phrase can never be exposed to a computer when they revealed their seedphrase sharding service, some back up program.

[Anonymous No.57178331]

>>57178089
https://www.ledger.com/privacy-policy

And they store records of your transactions for 5 years, if they even commit to deleting them in the first place.

[Anonymous No.57178336]

>>57177883
if you want to be doxxed, sure

[Anonymous No.57178455]

>>57178336
If you're that paranoid get it shipped to a P.O. box

[Anonymous No.57178529]

>>57178206
yes trezor fine

[Anonymous No.57178553]

>>57178529
kek nice captcha

[Anonymous No.57178579]

>>57177899
As long as you don’t lose your seed phrase, you can always load it to a new one. Though I agree with you from the standpoint of, if what you’re saying is true, dropping $100 on something that doesn’t even last through one bitcoin halving cycle is sort of worthless.

[Anonymous No.57178599]

What crypto do you plan to move to cold storage? If you can use trezor do that over ledger.

[Anonymous No.57179144]

>>57177763
>(move to /g/ if this is not the right board)
That your ass back to le plebbit faggot.

Whatever you do DO NOT get a Ledger. They betrayed us, the ethos, the movement, and everyone in between. Get the highest model Trezor for ultimate future proofing. They were the original hardware wallet after all.

If you want to experiment with hardware wallets first before spending on a completely new device, and you have an old Samsung flagship phone laying around: Samsung has an official "Digital Assets Wallet" available on their Galaxy Store (not the Google Play Store) that works on all Samsung phones with the Knox chip (all flagships since like the Galaxy S6, and pretty much everyone non-flagship phone for sale nowadays). It's not as feature rich as a Trezor but it's very good wallet software that basically uses the secure element on Samsung phones to turn the whole phone into a hardware wallet. Supports BTC and ETH as well as NFTs and is still in active development. Pretty hack proof tech-wise since hacking that wallet would require decrypting the Knox chip which to date has never been done.

[Anonymous No.57180776]

>>57179144
Not reading your blog. Ledger works fine and is easy to use. I still have mine from 6 years ago and never had an issue.

[Anonymous No.57180794]

>>57177792
Fpfbpbpzt

[Anonymous No.57180801]

>>57177805
Idiots will say yes.
I'll say no. Trezors are flashed and the old software formatted when recovered. Every bit sent over that USB cable is new. The key is new. Your phrase is new.
>>57180776
Ledger is a company providing a proprietary product with proprietary code. You can't know if you're getting fucked even if you are.
>so you've looked through every bit of Trezor code?
No, but I assure you the most anal of austists have, this being crypto. It's their hobby.

[Anonymous No.57180843]

>>57179144
>Samsung has an official "Digital Assets Wallet" available on their Galaxy Store (not the Google Play Store) that works on all Samsung phones with the Knox chip (all flagships since like the Galaxy S6, and pretty much everyone non-flagship phone for sale nowadays). It's not as feature rich as a Trezor but it's very good wallet software that basically uses the secure element on Samsung phones to turn the whole phone into a hardware wallet

can only find official "Digital Wallet Manager" and "Samsung Blockchain Wallet"

newer a series samsung btw with knox

[Anonymous No.57180970]

>>57177805
Don't cheap out on a 80 bucks device that can host thousands if not millions on it.

[Anonymous No.57180983]

>>57177805
>Any dangers of buying them used?
you're literally not ready to self-custody if you're such a stupid nigger

[Anonymous No.57180990]

>>57180776
Ledger has been very jewish over the last years between harvesting data and basically telling everyone they can retrieve the seed from the secure element remotely.
I bought the last trezor and will be moving my assets to it soon. Only annoying thing is that I have Defi addresses with MPs for staking that I can't really migrate without losing them so I still need the ledger for a while. They don't have cosmos chains support either.
The more money you have the better it is to spread it among multiple addresses and devices anyway.

[Anonymous No.57181217]

>>57177763
nano x
buy from ledger home page - the source

[Anonymous No.57181232]

>>57181217
but as people has pointed out above
ledger might be compromised with backdoors and other jewish trickery....

[Anonymous No.57181259]

>>57177763
Get a Trezor safe 3. They're cheap, open source and have a secure element chip. Stay away from Ledger as they've proven to be untrustworthy at best and compromised at worst.

[Anonymous No.57181561]

Ledger just had a breach and still anon think getting one
>ngmi

[Anonymous No.57181704]

>>57177763
get the new safe 3 from trezor

[Anonymous No.57181864]

Fuck me lads I just bought a ledger yesterday and finished putting my ICP on it today. I'll refund it and order a trezor instead, thanks for the thread OP.

[Anonymous No.57183535]

>>57177792
I bought a Safe 3 but it only prompts me for a 12 words seed, how the fuck do I use 24?

[Anonymous No.57183912]

>>57183535
Just use the hidden wallet function with a passphrase and 12 word seed. It's just as or more secure than a 24 word seed phrase and easier to memorize.