Part 9/13:
When selecting a hardware wallet, I immediately ask myself:
1. Does it support the cryptocurrencies I want?
Each wallet supports different coins and blockchains. Make sure it covers your targeted assets.
2. Is the device compatible with my devices?
Depending on your setup—mobile-only, desktop, or multi-platform—you need a wallet that integrates smoothly.
3. Is the code fully open-source?
As highlighted, transparency is key. If the code isn’t open, you rely solely on manufacturer claims.
4. What’s the company's reputation?
How long have they been around? Have they had any security issues or scandals? Longevity and transparency are indicators of trustworthiness.