Cryptocurrency Q&A
What happens if a crypto wallet goes out of business?
What happens if a crypto wallet goes out of business?
Chiara
Sun Nov 03 2024
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7 answers
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I'm concerned about the security of my crypto assets. Specifically, I want to know what would happen to my funds if the crypto wallet company I'm using suddenly goes out of business or shuts down.
7 answers
Marco
Tue Nov 05 2024
One of the critical points to note is the security and accessibility of your funds in the cryptocurrency world.
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ChristopherWilson
Mon Nov 04 2024
In the event of a company shutdown, you can use this backup seed to regain access to your wallet.
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RiderWhisper
Mon Nov 04 2024
Even if Ledger, TREZOR, Coldcard, or any other hardware wallet companies cease operations or shut down, you won't lose access to your funds.
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GinsengGlory
Mon Nov 04 2024
All you need to do is import the 24-word backup seed into any compatible wallet software.
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CryptoProphet
Mon Nov 04 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet options. With such exchanges, you can also easily import your backup seed and access your funds.
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