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Author: Admin | 2025-04-28
Behind a giant steel door. Great for security, but not so great for spending. Using a mobile wallet in tandem with a hardware wallet gives users the best of both worlds, making it easy to access funds without compromising on security.With a mobile app like the BitPay Wallet, users can securely store smaller amounts of crypto for everyday spending. It’s a dead-simple way for active crypto spenders to get the most out of their holdings. It’s one of many safe and convenient ways BitPay offers users looking to convert crypto to cash, along with the BitPay Card, or by purchasing gift cards with crypto from one of our hundreds of partner merchants. Additionally, if you’re a die-hard devotee to DeFi and Web3 or just interested in exploring these growing ecosystems, a dApp-integrated wallet like MetaMask can be another useful addition to your crypto wallet stack.BitPay is the best crypto wallet and card for spendersGet the App to Buy, Swap and Spend Crypto Popular hardware walletsSome of the most trusted and best-known hardware wallet manufacturers include:FAQs about hardware walletsDo hardware wallets have fees?The hardware wallet devices themselves can cost anywhere from around $30 at the low-end to about $200 at the top of the market. Besides that, the wallets themselves do not impose any fees for users. However, any crypto transactions made through the wallet will be subject to the usual network and exchange fees.How safe are hardware wallets?Because they’re offline, hardware wallets are considered one of the safest methods of safeguarding a user’s private keys. However, a hardware wallet won’t replace the usual crypto best safety practices. If a user is careless with their keys or seed phrase, it won’t matter what kind of wallet they use.Is BitPay Wallet a hardware wallet?No. The BitPay Wallet is a non-custodial wallet available for desktop and mobile devices. However, it can easily be used alongside a hardware wallet for the perfect balance of security and convenience.What happens if my hardware wallet breaks? Will I lose access to my crypto?Thanks to how the blockchain works, losing your hardware wallet or accidentally putting it through the washing machine won’t affect your holdings. As long as you still have your seed phrase your wallet can be recovered. If you lose both your hardware wallet and seed phrase, there’s a good chance your funds could be unrecoverable.
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