Binance Founder #Changpeng Zhao's Firm Directive for Hardware Wallets
Binance founder Changpeng Zhao (#CZ ) has issued an important and firm directive for all users in the crypto world who use hardware wallets. He clearly stated that if your hardware wallet, in any way, allows your private key to leave the device, then you should consider it unsafe.
The Core Principle: The Private Key Must Never Leave
CZ states that the most fundamental purpose of a hardware wallet is to keep the private key permanently and securely stored inside the device. If a wallet breaches this confinement—whether by allowing the key to be exported, revealing it to firmware, or permitting it to travel to an external device during signing—then it means the wallet is deficient in its primary function.
Why is This Directive More Critical Now?
In 2025, while cryptocurrency adoption is reaching record highs, a large number of new users are storing their assets in self-custody wallets. Alongside this, attacks by hackers on seed phrases, cloud backups, and recovery processes have also increased. In this environment, CZ wants to draw attention to the fact that true protection is only possible with a wallet that makes the private key completely non-exportable.
A Consensus View in the Industry
CZ's point aligns with the long-standing and robust advice of crypto security experts. Educators like Andreas Antonopoulos have been saying for years: "If you do not have full control over your private key, then you do not have true ownership of your digital assets." CZ has presented this verdict in a simple rule.
Final Word
CZ issued this directive, inspired by a conversation during the Binance Blockchain Week in Dubai. He made it clear that as long as your private key never leaves your hardware wallet, your funds are in better protection. Therefore, when choosing your next hardware wallet, be sure to check for this fundamental feature.
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