Is Ledger or Trezor more secure?
I'm trying to decide between Ledger and Trezor for my cryptocurrency storage needs. Which one offers better security? I want to ensure that my coins are safely stored and protected from any potential threats.
Why is Trezor only 12 words?
I'm curious about why Trezor uses only 12 words for its seed phrase. I've heard that some other wallets use 24 words, so I'm wondering if there's a specific reason why Trezor chose 12.
Is it safe to just unplug Trezor?
I own a Trezor device and I'm wondering if it's SAFE to simply unplug it without going through any specific shutdown procedure. I'm concerned about potential data loss or damage to the device.
Does Trezor report to the IRS?
I am wondering if Trezor, as a cryptocurrency hardware wallet provider, reports any user data or transaction information to the Internal Revenue Service (IRS) for tax purposes.
Is trezor more secure than Ledger?
When comparing the security of hardware wallets, I'm specifically interested in Trezor and Ledger. Both are popular options in the crypto space, but I want to understand which one provides a more secure environment for storing my digital assets. Is Trezor's security features more robust than Ledger's, or vice versa?