Quote from: Lucius on March 24, 2024, 03:15:38 PM

Quote from: OjAbram on March 24, 2024, 12:38:46 PM

What about someone who has binance wallet and trust wallet is there still need for hardware wallet?

Maybe some people won't like it, but a hardware wallet (not even the best one) is not an absolute solution for safe storage of our coins (private keys) if we don't use that same hardware wallet the way we should.

I will ask a simple question - is someone's Bitcoin safer on a centralized exchange if we take into account that the person knows what phishing is and keeps his access data offline, or is someone's Bitcoin safer if he has a hardware wallet whose backup is saved to e-mail, in the cloud or as plain text on a computer?

I have to reply to this comment.

You are right that one still need to learn how to properly handle their hardware wallet to be on a safer path, but on a norms, hardware wallets are safer than anything else in crypto space, unless they are not non- custodial and also maybe the owner don't know how to use the hardware wallet in a safe way.

The fact is your Bitcoin is less safer in a non custodial wallet running on your PC as well, even if you keep the private keys safe, PC is a hacking haven where anything could possible go wrong, it is why Bitcoiniers need to take cold storage very seriously.

It is easier to follow the rules of handling a hardware wallet the right way because there aren't many, but it is very hard to do the same running a wallet on a windows PC, you have to be careful of every thing you do, since the internet is involved.