How can I securely store my WFTM online tokens?

3 answers

• Nov 26, 2021 · 3 years ago
  One of the best ways to securely store your WFTM online tokens is by using a hardware wallet. Hardware wallets are physical devices that store your private keys offline, making them less vulnerable to hacking or online threats. Simply connect your hardware wallet to your computer or mobile device when you need to access your tokens. This provides an extra layer of security as your private keys never leave the device.
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• Nov 26, 2021 · 3 years ago
  If you prefer a more convenient option, you can also consider using a reputable online wallet that offers strong security measures. Look for wallets that provide features like two-factor authentication, encryption, and multi-signature functionality. It's important to choose a wallet from a trusted provider and ensure that you keep your login credentials and recovery phrases secure.
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• Nov 26, 2021 · 3 years ago
  At BYDFi, we recommend using a combination of hardware and software wallets for optimal security. By storing the majority of your WFTM tokens in a hardware wallet and keeping a smaller amount in a software wallet for day-to-day transactions, you can minimize the risk of losing all your tokens in case of a security breach. Remember to regularly update your wallet software and firmware to protect against any potential vulnerabilities.
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