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Hi all, please humor an ELI5 question…

Let’s say I have a pittance of BTC, which I cautiously off-loaded from an exchange like Coinbase to a hard wallet like Trezor.

How could this coin be accessed outside of the local hard wallet (Trezor io) environment? Would the 24 word key just transfer right over to a new ledger account?

I’m a bit confused about holdings “on chain” vs “in cold storage”.

Thanks.

submitted by /u/twolead
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