THERE ARE MANY DIFFERENT BITCOIN HARDWARE WALLETS ON THE MARKET. A QUALITY WALLET IS ONE THAT IS SECURE AND WILL KEEP YOUR CRYPTOCURRENCY SAFE WHEN YOU ARE NOT CONNECTED TO THE INTERNET. MINERS THAT ARE BITCOIN MINING UNDERSTAND THIS MORE THAN MOST.
My Bitcoin hardware wallet and security devices will be updated as soon as I've reviewed their features. I make the final say on all Truthraider approved devices that I will use for my own security.
Recovery Key/ Seed Word Protection
Email me at email@example.com. I do reviews on the latest in bitcoin hardware wallet technology. Let me know today if you have a new product needing a solid review.
The Trezor Model T Bitcoin hardware wallet is a leading product for safe storage of your cryptocurrencies. The price for a Trezor Model T is currently 149 Euros at Trezor.io. This hardware wallet has many unique features that others do not have. I will not disparage others, as I believe all hardware wallets serve a significant advantage over the best software wallet. I personally to not trust any software wallet on the market, especially one that is on an iphone or a samsung. Anyone who tells you a phone can't be hacked to get your bitcoin is lying to you. Hacking a phone is child's play. Let me provide you a few unique reasons why you should purchase the Trezor Model T Bitcoin hardware wallet.
I've owned the Trezor Model one for a long time. I have a lot of them. I recommend them. My biggest frustration as a Ethereum and ERC20 owner has been that it is a pain in the butt to use the hundreds of tokens I own. ERC20 ownership is a full time job. Now, why am I mentioning this while talking about the Trezor Model T Bitcoin hardware wallet? Simple, they made a deal that integrated all your ERC20 tokens into the Google App that you can safely store on the Model T Ethereum address! As you know, I love tech. This not only solved a problem that pissed me off, but also changed the way we look at ERC20 ownership and security.
2. Coins and Tokens supported.
The Trezor Model T Bitcoin hardware wallet is in primary support for Bitcoin, Litecoin, Ethereum, Ethereum Classic, Dash, Zcash, Bitcoin Gold, Bitcoin Gold, Bitcoin Cash, and NEM. Additionally, it can support Ethereum based ERC20 tokens through either My Ethereum Wallet or Metamask. More coins and tokens and coins are in development.
The Trezor wallet provides you with an offline seed key, as well as a password that is secured to ensure transactions are approved by the user. After a few uses, you will be a pro at using the interface. The Trezor Model T bitcoin wallet also manages digital security. It uses password manager, SSH, GPG, U2F, and Wallet based technology to insure privacy and security for the user. All authorizations appear on the touch screen for a secondary password approval of any bitcoin transfer. It ensures unauthorized access is denied through computer based hacks. A software wallet can’t prevent this. I don’t care who says otherwise. Again, my opinion. I’d love to be proven wrong about that.
4. Additional features.
The Trezor Model T bitcoin also has other unique features. It has a color touch screen that is unique to other similar wallets. This is a feature that makes smartphone uses more comfortable with the device. The support team for Trezor is bar none. They are extremely responsive to issues, if they arise. Their team focuses on transparency and have shown it ever since the Trezor One launch.
Make sure you go to Trezor.io and check out either the Trezor One or Model T Bitcoin hardware wallet today. I own a lot of different bitcoin hardware wallets. I believe that this wallet is a buy just for security and Metamask integration alone.
Go to Trezor.io for more information on the Trezor line of bitcoin hardware wallets.
The most important thing, I constantly talk about, is bitcoin security. For me, this is an element newcomers to cryptocurrency take for granted. The rise of centralized bitcoin exchanges are growing everyday and security is not always enforced. If you are new to this space, security for your bitcoin may not even enter your mind. You may just be chasing prices. That is why I always push people towards hardware wallets instead of software wallets. The software wallets are controlled by your devices that can easily be hacked. Hardware wallets and steel recovery storage are the way to go. Always secure your private key.
The second issue with bitcoin security is the storage of your recovery keys or seed words. This can either be words or numbers depending on the type of wallet. The folks at BILLFODL understood this and that's why they created a 24 word/character based security device. I will lay out a few reasons that make this device a good purchase.
1. The BILLFODL is made out of stainless steel. I believe this is the number one reason for recommending this product. All the major bitcoin hardware wallets will send you paper to store your seed words. This is not a good idea. If that paper is damaged or the writing is hard to read, you may have a hard time recovering your bitcoin. The steel based wallet can handle all the different elements to protect your 12-24 recovery word phrase. It is the perfect way to defend your bitcoins.
2. The BILLFODL has optional features to like a holder to hide your device. This is great if privacy is your concern. It comes with screws that can be mounted anywhere. Another feature that the BILLFODL team created was tamper proof stickers to ensure that your device hasn't been tampered with by an intruder. This comes with packs of ten. The BILLFODL has an easy design for inputing the seed words into it without any tools. This is also a great feature of the device.
Finally, I can't stress more the need for a metal based storage of your seed words and recovery key. Owning bitcoin is only one step in the process. It is actually the easiest step. I will continue to push safety of your bitcoin assets. Pick up a BILLFODL today and ensure your bitcoin is safe for years to come. You will be glad you did. Additionally, I had a good time setting it up. It makes for an interesting project as well, for the creative types.