I've been following the following wallet security advice:- Setup a warm wallet like Exodus (desktop software wallet) and deposit crypto- Store the recovery phrase in a secure way (I have 6 words stored in google drive, 6 words printed and stored in a physical location). Also memorize it.- Delete the wallet from your deviceAllegedly this is as secure as a cold wallet or hardware wallet. Also, there is no device to hack. It also means I don't rely on a physical device - I can travel between countries freely with with recovery phrase memorized or stored securely.My question: is there any reason for me to still get a hardware wallet? What advantages would a trezor have over my current setup?
Submitted June 08, 2020 at 01:52AM
No comments:
Post a Comment