Is it possible to restore all cryptocurrencies with a hardware wallet backup?

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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.

Ledger Nano Gen5

Review to the shop

The most important facts in brief
Most accessible touchscreen signer with an entry-level price of 179,00 $ (click here to check the current price) Uses the highest CC EAL6+ Secure Element Chip for maximum security Supports Clear Signing and Transaction Check to protect against fraud 2.8-inch E Ink touch display and personalizable with Susan Kare badges Support for 5.500+ (to the complete list) coins, tokens and NFTs

Trezor Safe 7

Review to the shop

The most important facts in brief

Maximum security thanks to the world's first auditable open-source secure element TROPIC01.
Premium feel thanks to robust aluminum unibody and scratch-resistant Gorilla Glass.
Convenient, wireless use thanks to Bluetooth connection and Qi2 wireless charging.
Pioneering: The first hardware wallet with "quantum-ready" architecture.
Intuitive operation via a brilliant 2.5-inch color touchscreen with haptic feedback.
Currently available at a price of 249,00 € (click here to check the current price)

BitBox02

Review to the shop

The most important facts in brief
the latest Swiss hardware wallet protects your digital assets optimally available in a multi or bitcoin-only version for maximum security Navigation via convenient touch sensors modern USB-C connection for easy connection to PC and smartphone available for 109,00 € (click here to check the current price) in the official store