Changelly

Cryptocurrency

How To Use A Bitcoin Hardware Wallet

14 Mins read



This is not a guide on the most advanced security for your bitcoin holdings. It is an easy way to improve on what most people do. It is not about any one type of hardware wallet, but hardware wallets in general.

Aiming for extreme security right from the beginning is an unreasonable expectation; it must be done in stages, otherwise, you will have gaps in understanding, and such gaps are a security risk. It’s also a security risk to blindly follow advice if you are going to self custody; you need to understand some of what you are doing, too. This series is about what I call “Level Three” of my ZeroTrust System — getting coins off of the exchange and into your own custody with a hardware wallet. This is something Bitcoiners regularly advise newcomers to do, and it’s excellent advice. (For those interested, here is a detailed explanation of why keeping bitcoin on an exchange is a bad idea.)



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