Do I lose my crypto if I update a hardware wallet firmware?

Normally not: funds remain on-chain, not inside firmware storage. However, device resets and update failures can require a recovery procedure.

The answer

Normally not: funds remain on-chain, not inside firmware storage. However, device resets and update failures can require a recovery procedure.

What to do next

Confirm you have the correct recovery backup and optional passphrase before installing official firmware. Verify the update originates from the manufacturer application.

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Frequently asked questions

Can old firmware stop a wallet displaying a coin?

Yes. App and network support can vary with versions, but that is separate from on-chain ownership.

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