COLDCARD FAQ

Written by Alicia Reviewed by Victor

Current-model and standards-sensitive answers verified on July 17, 2026. Legacy models are labeled where connector or firmware behavior differs.

How many seed words does it use?

COLDCARD generates either 12- or 24-word BIP-39 seeds. It can also import 12-, 18-, and 24-word BIP-39 seeds that other wallets may have created.

Can I have multiple wallets in each COLDCARD?

Yes. The active seed defines a wallet, and each exact BIP-39 passphrase used with that seed selects a different wallet. A forgotten or mistyped passphrase cannot be recovered from the seed, so preserve every passphrase and test its receive addresses before funding.

What's new in the Mk5 COLDCARD?

We have a complete table of differences here but the highlights: huge industrial design upgrades, including a new larger screen protected by Gorilla Glass, better NFC (tap), USB-C connector at bottom.

Is my trusted Mk4 obsolete now?

No. Mk4 remains supported and uses the same Mk firmware family as Mk5. Check the current release notes before assuming a feature applies to both models, because hardware-specific exceptions can exist.

Can I change my PIN?

Yes, the PIN is independent of the funds being held. It can be changed at any time as long as you have the original PIN.

Which blockchains do you support?

Bitcoin and Bitcoin Testnet are supported. COLDCARD does not support altcoins.

Why does it have a MicroSD slot?

  • The COLDCARD can backup the seed into an encrypted file.
  • New transactions to be signed can be imported from the card.
  • Public key data (XPUB, payment addresses) can be written onto the card.
  • Firmware upgrades can be done by copying the new firmware file onto a card.
  • A skeleton Electrum wallet can be created on the card which allows Electrum to "pair" with the COLDCARD without it ever connecting to a USB port.
  • Multisig wallets can be joined using files transferred via cards.

How do I connect to a computer?

COLDCARD Q, Mk5, and Mk4 use USB-C. Mk3 and earlier models use Micro-USB. A cable is not included with current Q or Mk5 purchases.

Do I need to use MicroSD cards?

You don't have to use MicroSD cards with COLDCARD. It works over an optional USB data connection, and supported models can also use NFC to send and receive data. The Q additionally supports QR transfer. You can change transports later if your security needs change.

Where do I tap my phone for NFC?

The NFC antenna is in a different location on each model: the center of the Q screen, the top-right corner of the Mk5, and the keypad around the 8 key on the Mk4. The phone's own NFC antenna location also varies by model.

What is PSBT?

A Partially Signed Bitcoin Transaction (PSBT) is the standard format defined by BIP 174 for passing transaction data among coordinators and signers. PSBT version 2 is defined by BIP 370.

How do I backup?

Insert a MicroSD card, and go to Advanced/Tools > Backup > Backup System.

Can COLDCARD use a BIP-39 passphrase?

Yes, COLDCARD supports BIP-39 passphrases.

Is there a factory reset?

There is no way to do a factory reset on a COLDCARD due to the secure elements. However, you can come close to a factory reset if you know the current Main PIN. To accomplish this you would do the following:

How do I know desktop software is showing a payment address that truly is a deposit into this COLDCARD?

COLDCARD can display the payment address after it has independently calculated what it should be. Without this, it would be hard to make a "deposit" into the wallet of the COLDCARD without the possibility of someone misleading you.

I found a previously-used COLDCARD online, should I buy it?

Do not rely on a used COLDCARD for secure key generation. A new COLDCARD from the factory or an authorized reseller arrives unused in its numbered tamper-evident bag. With a second-hand device, you cannot establish the same factory provenance or know how the device was handled or modified.

This random MicroSD card doesn't work!

There are so many MicroSD cards out there, it's not possible for us to test with them all. We have tested with all the cards we can find locally, and a few ultra-cheap ones from AliExpress. Still there will be some that won't work. If it's formatted as FAT32 and equal or smaller than 32GB it should work.

Do you support Segwit (Segregated Witness) on the COLDCARD?

Yes. We have comprehensive segwit support, and strongly recommend it, but do not require it. We will display Bech32 and P2SH (segwit wrapped) addresses appropriately.

Is the secure element's crypto used for Bitcoin processing?

Although the ATECC608 (and the 508 used on older versions), do implement standard SHA-256, HMAC(SHA-256) and AES, we use those implementations only to secure the secrets that the chip holds. The same is true of the secondary SE (Maxim DS28C36B) on the Mk4.

What kind of secure element is used?

The ATECC608 is a fixed-function secure element rather than a general-purpose CPU. Its operations and storage rules are defined by the chip hardware. The complete COLDCARD firmware is published here, and the PIN entry and secure-element paper describes how COLDCARD uses it.

When does the PIN attempt counter reset?

The PIN attempt counter resets to zero as soon as you enter the correct PIN code. The COLDCARD will always brick after 13 failed PIN attempts regardless of any other settings.

What happens when I can't remember my PIN?

When you've failed 3 times or more, we warn you that you are in danger of bricking the device. The message encourages you to double-check the PIN entered, and even gives you a peek at what you entered, before submitting it as a login attempt.

Where does the entropy (randomness) come from?

It's very important the entropy (randomness) used to pick your master seed phrase is good quality. The COLDCARD primarily uses the hardware TRNG (True Random Number Generator), inside the main chip. This is a dedicated hardware subsystem that measures analog noise produced by a special transistor.

Where do I learn all technical details?

You can read our secure element white paper, dual vendor secure element page, our online docs, and ultimately the COLDCARD source code.