It is as simple as a seed phrase generator, except where it’s not. You go that route and you’re going to need a way to send transactions to the network and such. I don’t believe that’s all that difficult, but I’ve never tried it and would depend on your tech skills and comfort level.
I have a hardware token, and that’s what I’d suggest. There’s the extra security of the hardware in that I can just leave it laying on my desk and it’s not internet connected or even powered up when it’s not actually in use. I have the Ledger Nano S, but it’s been years since I bought it so I have no idea the current options. I know one limitation is it can’t hold all that many coin types at once, but I really only hang on to Bitcoin and Bitcoin Cash, but I’ve had others in the past on there.
There is some convenience and safety. If you decide you want to sell or transfer some funds you don’t have to type in your seed phrase into your potentially compromised computer, instead you just plug it in and press a few buttons and voila. Generally you would have a hardware wallet and the seed phrase written down or engraved somewhere in a different area for backup.
It is as simple as a seed phrase generator, except where it’s not. You go that route and you’re going to need a way to send transactions to the network and such. I don’t believe that’s all that difficult, but I’ve never tried it and would depend on your tech skills and comfort level.
I have a hardware token, and that’s what I’d suggest. There’s the extra security of the hardware in that I can just leave it laying on my desk and it’s not internet connected or even powered up when it’s not actually in use. I have the Ledger Nano S, but it’s been years since I bought it so I have no idea the current options. I know one limitation is it can’t hold all that many coin types at once, but I really only hang on to Bitcoin and Bitcoin Cash, but I’ve had others in the past on there.
Ease of use mainly. I keep the backup code in my safe and use the ledger for transactions.
crypto.com was alleged to be faking audits.
Get your coins off there ASAP.
If you’re holding more than some pocket change consider a hardware wallet.
Its difficult to get engraved metal to perform calculations
There is some convenience and safety. If you decide you want to sell or transfer some funds you don’t have to type in your seed phrase into your potentially compromised computer, instead you just plug it in and press a few buttons and voila. Generally you would have a hardware wallet and the seed phrase written down or engraved somewhere in a different area for backup.
look at paper wallet using electrum. once set up you can recover your account using the pass phrases.