ARCHOS Safe-T Mini Description 2021
What is Safe-T Mini?
The ARCHOS Safe-T mini generates and stores a private key offline in the hardware wallet, preventing hackers from accessing that private key once the device is plugged in. All crypto operations are performed locally (offline) to ensure the security of your digital assets.
FAQ 5Ask your own question
That is not a problem. You can restore your accounts to a new hardware wallet using the recovery key you wrote down when you set it up.
Most wallets support more than just one cryptocurrency, but only generate one backup. Nevertheless, this one backup is sufficient to restore all cryptocurrencies as all private keys of the different wallets result from the seed that is backed up as a backup during setup.
Hardware Wallets such as the Ledger Nano X, TREZOR Model T, BitBox02 or KeepKey all work according to the same principle. They are a special form of a so-called wallet, which is used to manage cryptocurrencies. A hardware wallet is a physical device that securely and inisolationly generates the private keys to the cryptocurrencies. Due to the extra hardware, they have some advantages over software wallets:
- private keys are often stored in a protected area of a microcontroller and cannot be transmitted in plain text from the device
- immune to computer viruses stealing from software wallets
- can be used securely and interactively, private keys never need to touch potentially vulnerable software
- the software is open source in most cases, so that the user can validate the entire operation of the device.
However, it is important to understand that hardware wallets are a high-quality goal and depend on various assumptions that apply to maintaining security. They are not a miracle weapon, and there are several realistic ways to hack a hardware wallet Especially if someone has physical access to the device.
A new cryptocurrency is rarely supported directly by a hardware wallet at the beginning. However, most providers such as Ledger or TREZOR are constantly working to support new cryptocurrencies. Therefore, it is often worth waiting until the desired currency is supported by your hardware wallet.
I would like to give a hardware wallet as a birth gift. Do I need this every time I want to deposit coins or is there another way?
No, you don’t need the hardware wallet every time you want to make a deposit. It is only necessary to set up the hardware wallet and generate an address of the corresponding cryptocurrency.
Cryptocurrency can now be sent to this address on the desired cycle on a regular basis without the need for the hardware wallet. The address does not expire.
Ask your question about the product. The question will be published here together with the answer after a few days. You will be notified by e-mail.
|Cryptocurrencies||Bitcoin, Ethereum, Litecoin, Dash, Bitcoin Cash, Ethereum Classic, ERC-20 Tokens, Bitcoin Gold|
|Platform||Windows, Linux, Mac|
|FIDO U2F Authenticator|
User Reviews 0
No reviews yet