How can I safely store my bitcoin wallet recovery phrase?

3 answers

• Dec 27, 2021 · 3 years ago
  One safe way to store your bitcoin wallet recovery phrase is to write it down on a piece of paper and keep it in a secure location, such as a safe or a lockbox. Make sure to use a pen with permanent ink to prevent fading over time. Additionally, you can consider using a metal backup device, such as a Cryptosteel, to engrave your recovery phrase for added durability and protection against fire or water damage.
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• Dec 27, 2021 · 3 years ago
  Another option is to store your recovery phrase in a password manager or a digital vault. Make sure to choose a reputable and secure password manager that uses strong encryption and has a backup feature. Remember to create a strong master password and enable two-factor authentication for an extra layer of security.
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• Dec 27, 2021 · 3 years ago
  At BYDFi, we recommend using a combination of offline and online storage methods to securely store your bitcoin wallet recovery phrase. One approach is to create multiple copies of your recovery phrase and store them in different physical locations. This way, even if one copy is lost or compromised, you still have access to your funds. Additionally, consider using a hardware wallet, such as a Ledger or Trezor, which stores your recovery phrase offline and provides an extra layer of protection against malware or hacking attempts.
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