Trezor Hardware Wallet
These private keys are a series of characters that are used to unlock the bitcoin contents at a given address.
Adding bitcoin to the hardware wallet
Once you have set up a hardware wallet, you can use it to generate addresses. This can be done with the device. For Trezor, the software shows you how to do this.
Addresses are different from your private keys. Addresses can be shared with others to facilitate transactions. Private keys are proof of ownership and should be kept secure.
If you’re using a Trezor to withdraw bitcoin from an exchange, you can simply generate an address with your device, copy and paste it onto the exchange. It’s best to double-check addresses before you send funds, and it’s okay to do a test transaction. Safety first!
Once your transaction has been confirmed on the blockchain, your funds are officially in your self-custody.
Which hardware wallet to choose
All wallets work similarly, but they differ in the degree of security they offer, the user-friendliness of their software, and their price range (value for money). We have previously written about five excellent hardware wallets to suit every budget.
Get even greater protection
Casa allows you to protect your bitcoin with multiple keys, which adds an extra layer of security when storing significant amounts of bitcoin. That way, you can have extra peace of mind that your assets are still safe even if your device is lost or stolen.
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