A hardware wallet is one of the safest ways to hold crypto, but only if you set it up correctly. A few mistakes at setup can undo all the protection.
Buy and verify
Buy only from the manufacturer or an authorized reseller — never second-hand or from a marketplace listing, which could be tampered with. When it arrives, verify it is genuine using the manufacturer’s official app, and set it up yourself from scratch.
Your recovery phrase
The device will generate a recovery phrase. Write it down on paper (or a metal backup), never digitally, and never enter it into any website or app. Anyone with that phrase controls your funds. Store backups securely and separately, and confirm you can restore before moving significant amounts.
Educational content, not financial advice. Crypto is volatile and you can lose money. Do your own research. Crypto Ruble Coins is a news and education publication — not an exchange, conversion, or off-ramp service.
Last updated 14 Jul 2026
The Crypto Ruble Coins editorial desk reports and edits human-written journalism on the money layer of crypto — CBDCs, stablecoins, and crypto priced in your currency. Independent. Not financial advice.