How can I securely store my ARVM tokens?

3 answers

• Dec 18, 2021 · 3 years ago
  One of the best ways to securely store your ARVM 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 attacks. They provide an extra layer of security by keeping your private keys separate from your computer or smartphone. Some popular hardware wallets for storing ARVM tokens include Ledger and Trezor. Make sure to purchase your hardware wallet from a trusted source and follow the manufacturer's instructions for setting it up and using it securely.
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• Dec 18, 2021 · 3 years ago
  Another option for securely storing your ARVM tokens is by using a paper wallet. A paper wallet is a physical printout of your private and public keys. It is generated offline and can be stored in a secure location, such as a safe or a bank vault. However, it's important to keep in mind that paper wallets can be easily lost or damaged, so it's crucial to make multiple copies and store them in different secure locations. Additionally, it's recommended to use a trusted and secure website or software to generate your paper wallet.
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• Dec 18, 2021 · 3 years ago
  At BYDFi, we recommend using a combination of hardware wallets and multi-signature wallets for securely storing your ARVM tokens. Hardware wallets provide the highest level of security by keeping your private keys offline, while multi-signature wallets require multiple signatures to authorize transactions, adding an extra layer of protection. By using both of these methods, you can ensure that your ARVM tokens are stored securely and are less vulnerable to hacking or theft.
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