common-close-0
BYDFi
Trade wherever you are!

How can I safely store my major crypto currencies?

avatarRFSrceDec 17, 2021 · 3 years ago1 answers

What are the best practices for securely storing my major crypto currencies?

How can I safely store my major crypto currencies?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    At BYDFi, we understand the importance of securely storing your major crypto currencies. We recommend using a combination of hardware wallets and cold storage solutions to ensure the highest level of security. Hardware wallets, such as Ledger or Trezor, provide offline storage and protect your private keys from potential online threats. Cold storage solutions, such as paper wallets or hardware wallets stored in a safe deposit box, offer an additional layer of protection against hacking and theft. Remember to always keep your software and firmware up to date and enable two-factor authentication (2FA) for added security.