If a hardware wallet company disappears, can I still recover my coins?

Usually, yes, when the device uses a documented and compatible backup standard. Recovery depends on the seed format, passphrase, address derivation and whether another wallet supports the relevant blockchain.

The answer

Usually, yes, when the device uses a documented and compatible backup standard. Recovery depends on the seed format, passphrase, address derivation and whether another wallet supports the relevant blockchain.

What to do next

Record your wallet type, backup format and account derivation details in a secure recovery plan. Verify compatibility with a spare device before any emergency.

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Frequently asked questions

Is the recovery phrase alone always sufficient?

No. Some wallets also require an optional passphrase, multi-share backup, proprietary file or specific derivation settings.

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