How can I securely store my IOEN crypto assets?

3 answers

• Jan 20, 2022 · 3 years ago
  One of the best practices for securely storing IOEN crypto assets is to use a hardware wallet. Hardware wallets are physical devices that store your private keys offline, making them less susceptible to hacking or malware attacks. They provide an extra layer of security by keeping your private keys separate from your computer or smartphone. Some popular hardware wallet options for IOEN include Ledger Nano S and Trezor.
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• Jan 20, 2022 · 3 years ago
  Another way to securely store your IOEN crypto assets is to use 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 safe place, such as a vault or a safety deposit box. However, it's important to keep in mind that paper wallets can be easily damaged or lost, so it's crucial to make multiple copies and store them in different secure locations.
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• Jan 20, 2022 · 3 years ago
  At BYDFi, we recommend using a combination of hardware wallets and multi-signature wallets for securely storing your IOEN crypto assets. Hardware wallets provide an extra layer of security by keeping your private keys offline, while multi-signature wallets require multiple signatures to authorize transactions, reducing the risk of unauthorized access. It's important to choose reputable wallets and follow the recommended security practices to ensure the safety of your IOEN crypto assets.
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