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How can I prevent my ledger hardware wallet from being hacked?

avatarJames KimbleDec 27, 2021 · 3 years ago1 answers

I recently purchased a ledger hardware wallet to store my cryptocurrency. However, I'm concerned about the security of my wallet and want to take measures to prevent it from being hacked. What steps can I take to ensure the security of my ledger hardware wallet?

How can I prevent my ledger hardware wallet from being hacked?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    At BYDFi, we understand the importance of securing your ledger hardware wallet. In addition to the aforementioned steps, we recommend using a hardware wallet with a secure element chip, such as the Ledger Nano X. This chip provides an extra layer of protection against physical and remote attacks. Furthermore, consider using a passphrase feature offered by some hardware wallets, including Ledger. This feature adds an additional layer of security by requiring a passphrase in addition to the recovery phrase. Remember to store your recovery phrase and passphrase separately and securely. If you have any further questions or concerns about securing your ledger hardware wallet, feel free to reach out to our support team.