Hardware wallet security basics

Protect the recovery phrase

• Write it on paper or metal, never in a photo, cloud note or password manager.
• Never type it into a website, app or chat – real wallets only ask on the device itself.
• Store backups in separate secure places; consider who could find them.
• Nobody from support will ever ask for it.

Avoid fake devices and phishing

• Buy only from the official store; check the packaging and initialise the device yourself.
• Be careful with search ads and links in e-mails or social media – type the official address yourself.
• Verify every address and amount on the device screen before approving.

Test your recovery

Before you move significant funds, send a small amount, then practise restoring from your recovery phrase on a spare or reset device so you know the process works.

Taxes

Moving coins between your own wallets is not normally a sale, but selling or swapping is. Swedish residents can read our guide on declaring crypto (K4) (in Swedish).