How can I securely store my non-VOIP verified digital assets?

3 answers

• Dec 18, 2021 · 3 years ago
  One of the best ways to securely store your non-VOIP verified digital assets is by using a hardware wallet. Hardware wallets are physical devices that store your private keys offline, making them less susceptible 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 wallet options include Ledger and Trezor. Make sure to follow the setup instructions carefully and keep your recovery phrase in a safe place. Another option 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 secure location, such as a safe deposit box. However, it's important to note that paper wallets can be easily damaged or lost, so it's crucial to take extra precautions to protect them. Additionally, you can consider using a multisignature wallet. A multisignature wallet requires multiple signatures to authorize a transaction, adding an extra layer of security. This means that even if one of your private keys is compromised, your assets will still be safe. Services like BitGo and Casa offer multisignature wallet solutions for digital assets. Remember, regardless of the storage method you choose, it's essential to keep your private keys secure and regularly update your security practices to stay ahead of potential threats.
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• Dec 18, 2021 · 3 years ago
  Storing non-VOIP verified digital assets securely is crucial to protect your investments. One option is to use a hardware wallet, which provides offline storage for your private keys. This reduces the risk of online attacks and hacking attempts. Another option is to use a paper wallet, which involves printing out your private and public keys and storing them in a safe place. Multisignature wallets are also a good choice, as they require multiple signatures to authorize transactions. This adds an extra layer of security to your digital assets. Remember to always follow best practices for security and keep your private keys safe.
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• Dec 18, 2021 · 3 years ago
  At BYDFi, we recommend using a hardware wallet to securely store your non-VOIP verified digital assets. Hardware wallets provide offline storage for your private keys, making them less vulnerable to online attacks. Ledger and Trezor are popular hardware wallet options that you can consider. Additionally, you can explore multisignature wallet solutions offered by services like BitGo and Casa. These wallets require multiple signatures to authorize transactions, providing enhanced security for your digital assets. Remember to always prioritize security and regularly update your storage practices to protect your investments.
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