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0 sats \ 2 replies \ @nullcount 11 Jul 2022 \ on: Which cold wallet is the best for hold BTC? bitcoin
Probably want to avoid Ledger. They collect user emails and shipping details and leaked over 270k customer records. Then they tried to cover up the leak for way too long.
Many Ledger customer have been targeted with phishing scams. Don't ship your hardware wallet to your home address.
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0 sats \ 0 replies \ @irusensei 12 Jul 2022
Someone on reddit recently reported having their funds locked while trying to use the swap feature on Ledger Live. That person wanted to tether his funds but when he used the swap feature the provider which was changelly locked his funds and demanded shotgun KYC.
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0 sats \ 0 replies \ @shyfire 11 Jul 2022
Some more reasons to avoid ledger:
  1. They disabled the ability for connecting to your own node in Ledger Live, this is a major issue and indicative of their mindset. If you must, use Ledger hardware with another wallet UI such as Sparrow
  2. They support a bunch of shitcoins like Bitcoin Cash. People can and do get confused and have lost funds from this.
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