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RE: Why a Hardware Wallet is Essential
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.
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.
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.