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How can I securely store my coshi tokens?

avatarPing-HuangZhengDec 17, 2021 · 3 years ago3 answers

I recently purchased some coshi tokens and I want to make sure they are stored securely. What are the best practices for securely storing coshi tokens to prevent any potential hacks or theft?

How can I securely store my coshi tokens?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    One of the best ways to securely store your coshi tokens is by using a hardware wallet. Hardware wallets are physical devices that store your private keys offline, making it extremely difficult for hackers to gain access to your tokens. They provide an extra layer of security compared to software wallets or online exchanges. Make sure to choose a reputable hardware wallet brand and follow the instructions carefully to set it up and backup your recovery phrase.
  • avatarDec 17, 2021 · 3 years ago
    Another option for secure storage of coshi tokens is using a paper wallet. A paper wallet is a physical printout of your private and public keys. It is not connected to the internet, which makes it immune to online attacks. However, it's important to keep your paper wallet in a safe place and protect it from physical damage or loss. Additionally, be cautious when generating a paper wallet online and ensure that you are using a trusted and secure website.
  • avatarDec 17, 2021 · 3 years ago
    At BYDFi, we recommend using our secure wallet for storing your coshi tokens. Our wallet is built with advanced security features and encryption protocols to ensure the safety of your tokens. It also provides a user-friendly interface for easy access and management of your assets. Simply create an account on BYDFi, deposit your coshi tokens, and you can securely store and transact with them at any time.