Bison, on a hardware wallet. I have Ledger, but I wouldn't recommend it, although I have also bought from Kraken, Binance, BTC-E, wex.nz and Mt Gox in the past
•
22
•
1Yr
@DonkeyInvestor Why would you not recommend the Ledger? Do you have alternatives ?
••
@Joris because of various scandals. It also offers too many functions (and therefore potential security gaps) if you only want to hold Bitcoin. BitBox 2 in the Bitcoin Only version is said to be good
•
22
•1Yr
@DonkeyInvestor ok thanks. and if you want to hold several cryptos? also have crypto ETP with Scalable, but costs fees and not tax-free.
••
@Joris then it depends. Which ones do you want to keep? How many do you want to keep? Is it worth it? ...?
••
@DonkeyInvestor Beginner's question: What do you actually do with a defective hardware wallet?
•
11
•@randomdude buy a new one 👍
•
11
•1Yr
@DonkeyInvestor that's complicated 😂 just buy everything from Finanzen.Zero, they are real coins and tax-free after a year. You can't send them anywhere, but you just want to participate in the increase in value.
••
@Joris I conclude from this that you don't believe in the crash or an apocalypse 🤣
••
@Joris Yes, that's fine. If you store with a third-party provider, they should be regulated and your coins should be insured accordingly
•
11
•@randomdude Seriously: cryptocurrencies depend on a private key. The hardware wallet is just an instrument for generating this key securely and interacting with it easily and securely (i.e. staking, sending coins, ...). Your private key or the seed phrase from which your private key can be generated is important. You must keep this safe after it has been generated by the hardware wallet. If your wallet breaks, you can enter the seed phrase in a new wallet or a software wallet or... and have access to your coins again
•
44
•