How can I safely store my digital assets without the need for verification?

3 answers

• Dec 16, 2021 · 3 years ago
  One option you can consider is using a hardware wallet. Hardware wallets are physical devices that store your digital assets offline, making them less vulnerable to hacking or online attacks. They often come with built-in security features and require a PIN or password to access your assets. Examples of popular hardware wallets include Ledger and Trezor. By storing your assets in a hardware wallet, you can have peace of mind knowing that your assets are safely stored without the need for verification.
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• Dec 16, 2021 · 3 years ago
  Another option is to use a decentralized exchange (DEX) that does not require verification. DEXs allow you to trade and store your digital assets directly from your own wallet, without the need to create an account or go through a verification process. However, it's important to do your research and choose a reputable DEX with a good track record of security. Some popular DEXs include Uniswap and SushiSwap.
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• Dec 16, 2021 · 3 years ago
  If you're looking for a solution that offers both storage and the ability to earn passive income, you can consider staking your digital assets. Staking involves locking up your assets in a wallet or platform to support the operations of a blockchain network. In return, you earn rewards in the form of additional digital assets. BYDFi is a platform that offers staking services for various cryptocurrencies, allowing you to securely store your assets while earning passive income. However, it's important to note that staking does come with its own risks, such as the possibility of slashing or loss of funds in case of network issues or attacks. Make sure to do thorough research and understand the risks involved before staking your assets.
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