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Introduction There is one crucial element that keeps your coins and tokens safe and secure: the seed phrase. It’s a mainstay of the cryptocurrency industry and for good reasons, which we’ll cover below. This blog post will walk you through the ins and outs of seed phrases, their importance, and how they work to safeguard […]
Introduction – two bestselling hardware wallets compared In the past few years, investing in cryptocurrencies like Bitcoin, Ethereum, and Litecoin has become popular. Many people do this to diversify their portfolios. But as cryptocurrency becomes more popular, theft and fraud become more likely. Cryptocurrency is kept in digital wallets, which can be hacked or otherwise […]
It is crucial to use hardware wallets and metal backups for the ultimate security of your cryptocurrency holdings. No matter if holding Bitcoins, Ethereum or Dogecoins, you are the only person responsible for the safety of your funds. It is no accident that in the crypto sphere, we say “Be your own bank”, so you […]
We will cover the topic of safe seed phrase storage and provide you with the best ways of storing a seed phrase and what mistakes to avoid. Seed phrase storage is a way of keeping your seed phrase safe from damage and thieves so you can restore your wallet if needed. We will explain this […]
If you want to know can your bitcoin grow in price while in a wallet, please read further. You will also find information about why it does and what happens when you move coins from exchange to a wallet. As well details about whether you should move your coins to a wallet and how to be […]
Are seed phrases and private keys the same? Are they different? How they protect my coins? We have all the answers. If you would like to know the answer to these common questions: Below you will find a simple but complete answer. We will not dive deep into technical aspects of blockchain, instead, we will […]
For your convenience, we designed a printout of full BIP39 Wordlist. You can use this to safely check all your seed phrase words offline, safe from hackers. If you marked any words with a pen on your copy, destroy the paper sheet safely so no one can try to guess your seed phrase. Print ready […]
What is BIP39? With the introduction of BIP39, the whole process of generating and accessing bitcoin and other cryptocurrency wallets was simplified. This was to simplify process of creating recovery seeds for your wallet and restoring it. BIP39 comes from Bitcoin Improvement Proposal no. 39. With BIP39 recovery phrase (also called mnemonic phrase), user can backup and recover […]
Understanding BIP39: Mnemonic Phrases and Secure Cryptocurrency Wallets Introduction Background on BIP39 (Bitcoin Improvement Proposal 39) As the world of cryptocurrency continues to expand, securing digital assets has become a critical concern for users. One of the most important developments in this area is BIP39, or Bitcoin Improvement Proposal 39. Introduced in 2013 by developers […]
