How can I safely store my BTC and protect it from hackers?

3 answers

• Dec 16, 2021 · 3 years ago
  One of the most secure ways to store your BTC is by using a hardware wallet. Hardware wallets are physical devices that store your private keys offline, making it extremely difficult for hackers to access your funds. They are designed to be secure against malware and hacking attempts. Simply connect your hardware wallet to your computer or smartphone when you need to make a transaction, and keep it disconnected the rest of the time. This way, your private keys are never exposed to the internet and are protected from potential attacks.
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• Dec 16, 2021 · 3 years ago
  Another option is to use a paper wallet. A paper wallet is a physical printout of your private and public keys. You can generate a paper wallet offline and keep it in a secure location, such as a safe or a bank vault. Just make sure to keep multiple copies in case one gets lost or damaged. However, be cautious when generating a paper wallet online, as there is a risk of malware or phishing attacks. It's best to use a trusted and reputable service to generate your paper wallet.
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• Dec 16, 2021 · 3 years ago
  At BYDFi, we recommend using a combination of a hardware wallet and a multi-signature wallet for added security. A multi-signature wallet requires multiple signatures to authorize a transaction, making it more difficult for hackers to gain access to your funds. This way, even if one of your private keys is compromised, your BTC will still be safe. Remember to always keep your hardware wallet and backup seed phrase in a secure location, and never share your private keys with anyone.
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