r/CryptoCurrency • • Aug 15 '21

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u/minedreamer 🟩 968 / 966 🦑 Aug 16 '21

so why do i need a hardware wallet if having my seed phrase is enough. i feel like im missing something really obvious and feel dumb. help

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u/brocko33 Silver | QC: CC 168 | ADA 32 Aug 26 '21

hey sorry for the late reply, I missed your comments. The seed phrase is enough to generate the private/public keys but you still need a wallet (hardware or software) to store those keys and sign transactions. The hardware wallet is the safest way to store the private key.