Ledger/Trezor when using Deribit/Coinbase/Binance

Hi all,

I’d like to get your opinion on something. If I start using Binance or Deribit to trade options or futures, does it actually make sense to use a Ledger or Trezor?

I’m aware that the crypto I’d be trading wouldn’t be stored on a cold wallet, but I’m considering whether it could still be useful as a 2FA device until I eventually decide to focus on holding and move assets to cold storage.

I’m asking because I previously used a YubiKey both for 2FA and to store multiple authentication codes (I believe each device can hold around 30–40). Unfortunately, I lost mine last week, so I’m exploring whether a Ledger/Trezor could fill that role as well.

EDIT: Just found the Yubikey, but still would like to have a 2nd one or a Ledger/Trezor.