Post
Topic
Board Wallet software
Re: Is my Cold Card Q bricked?
by
DireWolfM14
on 15/09/2024, 15:18:06 UTC
EDIT: I guess I could import my 24 words + passphrase into Sparrow just long enough to sign a transaction back to an exchange right? I know entering your seed directly onto Sparrow probably isn't the safest thing to do, but if the plan is just to instantly send it off to an exchange to hold it until I get a new HW wallet then it's probably safe enough right?

Or, just use Sparrow on an offline machine to create a cold wallet and send your bitcoin there.  Personally I would rather do that than trust non-custodial exchange wallet, especially if we're talking about a significant amount.  When you get your Cold Card back you can use that seed to restore your cold card, and all your bitcoin will be accessible in your new hardware wallet.  Since you created the new seed offline it'll be as safe and secure as if you had created a it with hardware wallet, and it'll save you a transaction.

Also, if you're sending the bitcoin from it's current location to a new seed, there's really no reason not to import the current seed into Sparrow.  You would basically be turning your current seed into a hot wallet, but again, that will save you one transaction.