Where should I buy a hardware wallet?

Buy directly from the manufacturer instead of a third-party reseller like Amazon.

How should I store my seed phrase?

Keep an offline, physical backup on paper or a metal plate. Never store it on a computer or in cloud storage like Google Drive or LastPass.

What is the difference between a hot wallet and a cold wallet?

A hot wallet is used for active trading and defi, while a cold wallet is used for long-term savings.

How can I secure my ethereum?

Users recommend using a Safe multisig wallet for enhanced ETH security.

How do I plan for inheritance with crypto?

Write detailed physical instructions for your beneficiaries and store your recovery information securely in a place a trusted person can find it.

How to Secure Your Cryptocurrency Offline

Secure your cryptocurrency by using hardware wallets bought directly from the manufacturer and generating a fresh seed phrase on the device itself.

Never store your seed phrase digitally or in cloud storage. Instead, write it on paper or engrave it on a metal plate to protect it from fires and floods.

Separate your funds into a hot wallet for active trading and a cold wallet for long-term savings. Consider using multisig wallets for added security.

Watch out for phishing links, be careful when approving contracts, and leave physical instructions for your loved ones so they can access your funds if needed.

How to Secure Your Cryptocurrency Offline — infographic

To secure cryptocurrency, use hardware wallets for cold storage and never store your seed phrase digitally.

Utilize Hardware Wallets

Invest in a hardware wallet for long-term storage. "I recommend getting a hardware wallet early so you are already familiar with how to use it, before putting significant funds in."

Purchase directly from the manufacturer. "Make sure you buy the hardware wallet directly from the manufacturer, rather than a third party reseller like Amazon."

Generate a fresh seed phrase on the device itself. "Also make sure you either generate a fresh seed phrase on the hardware wallet itself, or on an air-gapped computer."

Safeguard Your Seed Phrase

Maintain an offline, physical backup of your seed phrase. "You should always have a paper backup of your seed phrase, regardless of what kind of wallet software/hardware you are using."

Never store your seed phrase digitally or in the cloud. "never store a backup of your seed phrase on a computer, and definitely not in any sort of cloud storage like LastPass or Google Drive."

Consider metal plates for durability. "One of the better replacements for a paper slip is one of those metal engraved plates. Higher durability from natural causes like fires and floods."

Implement Advanced Security Measures

Employ multisig wallets for enhanced security. "For ETH your best bet is a 'Safe' multisig."

Separate funds for active trading from long-term holdings. "I keep a cold wallet and hot wallet. The hot wallet is for active trading and defi, the cold wallet for long-term savings."

Be vigilant against phishing and malicious links. "Just be smart, don't click on random links, be careful when sending funds and approving contracts, and never store your seed phrases digitally and you should be good."

Plan for Inheritance

Create detailed, physical instructions for beneficiaries. "I have a note book that goes into great detail what to do lol. From my banks, investments, I even have a guide how to withdraw my moons lol."

Store recovery information securely but accessibly for trusted individuals. "My SO knows where my cold wallet is and she'll find the keys near it."

Do you feel confident in your ability to implement these security measures for your cryptocurrency?

Best for: crypto holders looking to safely store their assets long term while keeping a smaller portion available for active trading.