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RE: DON'T USE ANY FREEWALLET.ORG APP OR WEBSITE!!!

in #scam7 years ago

Keep your wallets on your own devices. The whole point of cryptos is to be masters of our money, why let anyone else have access to it?

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Oh yea I'm makimg a post about my hardware wallet soon. But not everyone can afford one of those, especially if it costs almost the same as the coin u have

You don't need a hardware wallet. I have my wallets (MOST IMPORTANTLY the private keys) backed up on an encrypted VeraCrypt partition, that I put on a USB stick (10$ worth) :)
I dislike hardware wallets because they're expensive, and I can't control how they work. With my solution, I have 100% control over my stuff, greater flexibility, and I can do backups on as many sticks that I want.

That is a good point....hmm

I only trust opensource software, otherwise, there's no guarantee whatsoever that those hardware wallets aren't a scam, and that one day you may wake up with your wallets empty! Besides, having such devices is a big flag telling the world "look I have a digital wallet, steal me". Whereas a USB stick is so mainstream it flies under the radar 🤑

So then your using websites?

No I'm using offline wallets. The only online wallets are my exchanges accounts. But when I'm done transacting, I often withdraw my currencies and keep them in my offline wallets.

And did u see the post i resteemed that same day 😏

which one?

About building your own trezor....but I'm still buying one...ikr
But I'll be using it to secure myethwallet

The freewallet.org app is a hardware wallet but you cannot backup the wallet to any other storage. Seems like the funds are not kept on the device though and somewhere else. Dodgy!