RE: Why a Hardware Wallet is Essential

You are viewing a single comment's thread from:

Why a Hardware Wallet is Essential

in hardwarewallet •  7 years ago 

When you lost your hardware wallet, do you also lose all of your bitcoin? Would you be able to back it up? This hardware wallet still confuses me.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  ·  7 years ago (edited)

They will give you a 24-word phrase when you set up your ledger nano s to recover your bitcoin, you can recover with a new ledger or using another wallet that they support.

Oh, cool. I thought once the hardware is gone, so are your coins.