How can I securely store my XPlanet1 tokens?

3 answers

• Dec 06, 2021 · 3 years ago
  One of the best ways to securely store your XPlanet1 tokens 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. Simply connect the hardware wallet to your computer or mobile device when you need to make a transaction. It's a highly secure option for storing your tokens.
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• Dec 06, 2021 · 3 years ago
  Another secure option for storing your XPlanet1 tokens is by using a paper wallet. A paper wallet is a physical printout of your private and public keys. It's important to generate the paper wallet offline and store it in a safe place, such as a lockbox or a safe deposit box. Just make sure to keep it away from water or fire to avoid any damage.
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• Dec 06, 2021 · 3 years ago
  At BYDFi, we recommend using a combination of hardware wallets and multi-signature wallets for storing your XPlanet1 tokens. Hardware wallets provide an extra layer of security by keeping your private keys offline, while multi-signature wallets require multiple signatures to authorize transactions, adding an extra level of protection to your tokens. It's always a good idea to diversify your storage methods and have backups in case one method fails.
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