For anyone considering a hardware wallet, here’s my experience…

Hey all,

These days, I realize that most posts in r/Cryptocurrency are sob stories or warnings to stay away from Robinhood. With that in mind, for anyone that’s on the fence, I wanted to share my hardware wallet experience.

For a long time, I was on the fence about getting a hardware wallet. I finally decided to pull the trigger and got the Trezor One. I was debating between getting it from Amazon or from their website and ended up getting it from the manufacturer, even though it took a few extra days. I figured that I’d try to minimize as many risks as I could.

After setting up my secret code, I was asked to set up my PIN. This lets you control the transactions on the Trezor. What’s very cool is that you type in your PIN on the computer, but all of the digits are blank. The numbers only appear on your Trezor and they’re jumbled, so if your computer is being monitored, your PIN won’t fall into the wrong hands.

I then followed the advice of some members of this community and factory reset the device multiple times and made sure that I could restore my wallet. It’s not so helpful to have a hardware wallet, if you can’t recover it.

At this point, I’m very impressed with the security of the device. It was fairly intuitive to set up and the only hitch was that my browser wasn’t recognizing the device, so I had to switch to a different one.

For anyone on the fence, I’d say that it’s worth taking the plunge and getting a hardware wallet. You’ll feel more secure and it’s a pretty painless process.

EDIT: Just wanted to post a follow up because multiple have asked.

There are several options available for transferring your coins. 1) Exodus has an integration available with Trezor. https://www.exodus.com/trezor-wallet; 2) Trezor has Trezor Suite available which has dozens of the most common coins and can show your balances there. While there were some transfer fees, I felt it was worth it in order to get the enhanced security.

The transfer fees weren’t terrible. Maybe $7 or so. But I felt it was worth it in order to get the enhanced security.