Understanding to swap crypto hardware wallets

[dravidsarang]

So, I was actually going through few of the Crypto Wallet Threads created earlier and noticed healthy discussion regarding various cold wallet experiences.

I personally own a ledger nano S which I bought in Netherlands 5-6 Yrs back.
Over the time, I am noticing a major brightness issue (its hardly 5% of what it originally was).

When I first purchased Ledger, there were just 2 popular options > Ledger and Trezor and now there are many including Safepal and others.

I am planning to switch from Ledger to Safepal, however, would like to understand if someone from the community did this in the past?

Query I have:

1. Since the tokens are on blockchain, I doubt it will matter if we use a different hardware wallet. I can use my ledger seed phrase to login to my blockchain address using by using Safepal as both use BIP39. > Please correct me here if I am wrong?

2. Is there anything else I must be careful while switching between 2 wallets?

 

[moneyMaker]

wrong forum bro.

 

[Manav24]

So, I was actually going through few of the Crypto Wallet Threads created earlier and noticed healthy discussion regarding various cold wallet experiences.

I personally own a ledger nano S which I bought in Netherlands 5-6 Yrs back.
Over the time, I am noticing a major brightness issue (its hardly 5% of what it originally was).

When I first purchased Ledger, there were just 2 popular options > Ledger and Trezor and now there are many including Safepal and others.

I am planning to switch from Ledger to Safepal, however, would like to understand if someone from the community did this in the past?

Query I have:

1. Since the tokens are on blockchain, I doubt it will matter if we use a different hardware wallet. I can use my ledger seed phrase to login to my blockchain address using by using Safepal as both use BIP39. > Please correct me here if I am wrong?

2. Is there anything else I must be careful while switching between 2 wallets?

Take a look at cypherock x1, Indian company, good reviews and very good use case as in the seed is divided in 5 parts using shamir's secret and it uses nfc cards so seed is very safe.

 

[Manav24]

So, I was actually going through few of the Crypto Wallet Threads created earlier and noticed healthy discussion regarding various cold wallet experiences.

I personally own a ledger nano S which I bought in Netherlands 5-6 Yrs back.
Over the time, I am noticing a major brightness issue (its hardly 5% of what it originally was).

When I first purchased Ledger, there were just 2 popular options > Ledger and Trezor and now there are many including Safepal and others.

I am planning to switch from Ledger to Safepal, however, would like to understand if someone from the community did this in the past?

Query I have:

1. Since the tokens are on blockchain, I doubt it will matter if we use a different hardware wallet. I can use my ledger seed phrase to login to my blockchain address using by using Safepal as both use BIP39. > Please correct me here if I am wrong?

2. Is there anything else I must be careful while switching between 2 wallets?

Coming to your question.
1. Wallet doesn't matter as long as you have seed safe.
2. Do not enter seed in any web interface and also try getting the wallet directly from company, avoid fkart and Amazon, even resellers if holding is big.

 

[moneyMaker]

oh, maybe the right forum then, created a subforum, will share info there only-

About Crypto

People investing, trading, using cryto as an insurance policy against Fiat, TF ACE and above, if not, can DM me and we will talk and see if you are a good fit.

www.technofino.in

 

[dravidsarang]

Thanks for the valuable inputs.
Yes, I am aware about how and where to buy which wallet! 🙂

While doing some research I heard there appears to be some problem for DApps funds when you switch cold wallet. Need more research on this before I finalize.

 

[alwayswin69]

Offtopic:- but I have a sealed pack nano s laying around for a while now (friend got me 2 of them for no reason lol)
Let me know if somehow you're interested

 

[dravidsarang]

Offtopic:- but I have a sealed pack nano s laying around for a while now (friend got me 2 of them for no reason lol)
Let me know if somehow you're interested

naah!! going away from ledger now! 🙂 used it for 5 Yrs+, thanks for the offer though!
+ will only buy from authorized partners in India.

 

[alwayswin69]

naah!! going away from ledger now! 🙂 used it for 5 Yrs+, thanks for the offer though!
+ will only buy from authorized partners in India.

Makes sense, but again offtopic:
I might also have the invoice from ledger itself (was shipped directly by them 😛 )

 

[dravidsarang]

Makes sense, but again offtopic:
I might also have the invoice from ledger itself (was shipped directly by them 😛 )

Thanks but no thanks and seriously no offence.
Crypto is something I have a big pool in and can really not take 1% risk with security on it.

 

[dravidsarang]

The new one is in the house:



Some more information.

Bought it from https://brickstreet.shop/

Safepal's official website shows the following stores in India as official partners:



Will use it to swap my wallet assets from ledger to safepal and will share my experience in coming days.
Feel free to put any questions if anyone have, so that I can try that first before making decisions,.

 

[Manav24]

The new one is in the house:

View attachment 67549

Some more information.

Safepal's official website shows the following stores in India as official partners:

View attachment 67550

Will use it to swap my wallet assets from ledger to safepal and will share my experience in coming days.
Feel free to put any questions if anyone have, so that I can try that first before making decisions,.

Are you planning to create a new wallet and transfer crypto from ledger or using the same seed?
Also what factors made you choose it?

 

[dravidsarang]

Are you planning to create a new wallet and transfer crypto from ledger or using the same seed?
Also what factors made you choose it?

currently I used the same seed to recover wallet (reason, my ledger is not very usable right now).
the plan is to first recover the wallet, then transfer everything to a new wallet.
My first plan was to get a new ledger, however, while comparing the new ones, I found safepal more user friendly with the directional buttons. (it has 5 buttons, 4 for up, down, right ,left and center for OK) and a bigger screen.

Using Ledger Nano was a pain with just 2 buttons.

Also, this is the cheapest wallet in Indian market right now (could have invested more for ledger, however, I dont find a reason to put additional 4K for a lesser user friendly wallet).

 

[Manav24]

Is the code for wallet public? Afaik Ledger code is not public.

 

[dravidsarang]

Is the code for wallet public? Afaik Ledger code is not public.

Yes, they went public/open source during late 2023 (I guess it was September).
I remember ledger being 95% open source and not 100%.