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How can I safely store and secure my keungz tokens?

avatarShanu PradeepDec 30, 2021 · 3 years ago3 answers

I recently purchased some keungz tokens and I want to make sure they are stored and secured properly. What are the best practices for safely storing and securing my keungz tokens?

How can I safely store and secure my keungz tokens?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    One of the best ways to safely store and secure your keungz tokens is by using a hardware wallet. Hardware wallets are physical devices that store your private keys offline, making it extremely difficult for hackers to access your tokens. Some popular hardware wallets include Ledger and Trezor. Make sure to follow the instructions provided by the wallet manufacturer to set up and use the hardware wallet correctly.
  • avatarDec 30, 2021 · 3 years ago
    Another option for storing and securing your keungz tokens is by using a software wallet. Software wallets are applications that you can install on your computer or mobile device. It's important to choose a reputable wallet with strong security features. Remember to regularly update your software wallet and enable two-factor authentication for added security.
  • avatarDec 30, 2021 · 3 years ago
    At BYDFi, we recommend using a combination of hardware and software wallets to store and secure your keungz tokens. By using a hardware wallet for long-term storage and a software wallet for everyday transactions, you can minimize the risk of losing your tokens. Remember to keep your private keys and recovery phrases in a safe and secure place, such as a physical vault or a password manager.