Multisig Palleba (1) You (2)
Multisig security — Palleba holds one key for added protection. Subscription. (1000kr)
Get an extra location that is secure for one of your multisig keys, in order to eliminate single points of failure.
(This subscription is valid for one year from the date of purchase.)
(This subscription does not include multisig setup. It secures one of your keys after your setup is complete. If you need help creating a multisig wallet, please use our multisig service.)
To create a multisignature wallet, you’ll need at least 3 hardware wallets. The most common setup is 2-of-3.
This means:
- You have 3 separate wallets (keys)
- You only need 2 of them to approve a transaction
You can also choose other combinations, like 3-of-5 or 3-of-4, depending on your security needs and how you want to store your devices.
This setup improves security—if one device is lost or stolen, your funds are still safe.
However, more devices don’t always mean better security. Using too many can make things complicated and increase the risk of losing access if you forget where everything is stored. Therefor if you are going to use Multisig, I recommend using 3 devices. Keep this in mind when considering your security needs.
Additionally, not all hardware wallets are suitable for multisignature setups. I recommend the following:
