Post
Topic
Board Beginners & Help
Re: Is crypto hot wallet that bad
by
Lucius
on 18/10/2022, 14:15:09 UTC
Sorry about this my comment, but which I found safe and secure. If you have an hardware wallet, why your coins are heavily stored on Metamask and Trustwallet? This is not recommendable at all.

I have 2 HW, but some altcoins I collected over the years I never even thought to store on them. First of all, they are not that important to me, and secondly, every altcoin and its implementation in a hardware wallet only adds some possible new attack vectors that can happen at any time in the future. What I want to say is that it is not bad for security reasons to separate Bitcoin from altcoins, so there is even a Bitcoin only firmware for a popular HW.

Some will say that for a larger amount of BTC even HW is not a good option, but for those who still want greater security, I recommend that they have a main wallet for storage protected with a passphrase, and another for altcoins and trading.