Post
Topic
Board Beginners & Help
Re: Is that safe to buy a used hardware wallet ?
by
Muhammed Zakir
on 08/07/2017, 15:31:14 UTC
Almost everyone here believes that Hardware wallet is the best choice to store our coins. But I beg to differ. If we store our coins in a hardware wallet, then the anonymity is lost. You may be storing the wallet in a safe deposit box or a bank locker, but even then the cops can recover your coins if a need arises. So I prefer to keep my coins in online wallets.

Don't spread misinformation! Anonymity is lost when using hardware wallets? Where did you hear that? When you use hardware wallets (normally), your anonymity is not compromised.  You WILL loose anonymity if you use online wallets because they will know your IP and all addresses in your wallet. They can basically track all your activity.