- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Storing crypto
Posted on 11/29/24 at 10:34 pm
Posted on 11/29/24 at 10:34 pm
Dude on the internet keeps his usb drive but looks like a box. Anybody use this? Ima see if I can find the name.
5
Posted on 11/29/24 at 11:11 pm to welder69
Ledger? I use cold card
Posted on 11/30/24 at 6:42 am to welder69
Trezor wallet for cold storage
Posted on 11/30/24 at 8:13 am to welder69
Tangem cold storage wallet
Posted on 12/1/24 at 3:52 pm to welder69
I'm so confused by my ledger. I opened the app and see I moved some there.
How is sending to ledger any different than a hot wallet or on an exchange?
How is sending to ledger any different than a hot wallet or on an exchange?
This post was edited on 12/1/24 at 4:45 pm
Posted on 12/1/24 at 5:12 pm to Billy Blanks
I'm not understanding the point of my ledger. Can people hack ledger live just like other places?
Posted on 12/1/24 at 8:39 pm to welder69
I keep the bulk of mine on a hard wallet (basically a usb drive) stored in an incredibly heavy safe. I use a ledger, but there are far better options around now and I may look into another one.
I’ll keep roughly 80% on that. I’ll take it out and put more into it every four months or so.
It’s the best way to store it by far.
I’ll keep roughly 80% on that. I’ll take it out and put more into it every four months or so.
It’s the best way to store it by far.
Posted on 12/1/24 at 9:13 pm to Billy Blanks
quote:
Can people hack ledger live just like other places?
I suppose it's possible, but it's unlikely.
In cold storage, the private keys are stored on the ledger and are not connected to the internet. It's more secure than a hot wallet like Metamask, and you actually own your private keys unlike centralized exchanges.
Posted on 12/1/24 at 9:15 pm to Hayekian serf
What cold options do you like?
Posted on 12/1/24 at 9:21 pm to LordSaintly
And ledger is considered cold? Even though there’s an app.
Posted on 12/1/24 at 10:17 pm to Billy Blanks
Nothing is stored on the app. It’s more like looking at your bank account balance
Posted on 12/1/24 at 10:18 pm to Billy Blanks
quote:
And ledger is considered cold? Even though there’s an app.
Yes. Your crypto is on the blockchain, but your private keys are on the ledger. Even though you can see your crypto on ledger live, you can't move it without the ledger itself.
Posted on 12/2/24 at 4:15 am to Billy Blanks
I use a ledger nano. Ive been told there are better options out there now.
Posted on 12/6/24 at 4:01 pm to Hayekian serf
When people say “not your keys, not your coins” do they mean the passcode and the recovery phrase?
Posted on 12/6/24 at 4:17 pm to Billy Blanks
And if you lose a hard wallet, can you access the crypto if you get another wallet with the recovery phrase from the first wallet?
Posted on 12/6/24 at 5:01 pm to Billy Blanks
Yes. Your coins are not stored in the device.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News