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How can I safely store my pokeawesome tokens?

avatarKORIBILLI SRIKANTHDec 28, 2021 · 3 years ago3 answers

I recently purchased some pokeawesome tokens and I want to make sure they are stored safely. What are the best practices for securely storing my pokeawesome tokens?

How can I safely store my pokeawesome tokens?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    One of the best ways to safely store your pokeawesome tokens is by using a hardware wallet. Hardware wallets are physical devices that store your tokens offline, making them less susceptible to hacking or online threats. They provide an extra layer of security by keeping your private keys offline and require physical confirmation for transactions. Some popular hardware wallets for storing pokeawesome tokens include Ledger and Trezor. Make sure to keep your hardware wallet in a secure location and create a strong backup of your recovery phrase.
  • avatarDec 28, 2021 · 3 years ago
    You can also consider using a software wallet to store your pokeawesome tokens. Software wallets are applications that you can install on your computer or mobile device. They offer convenience and accessibility, but they are more vulnerable to online threats compared to hardware wallets. Make sure to choose a reputable software wallet and keep your device updated with the latest security patches. Additionally, enable two-factor authentication for an extra layer of security.
  • avatarDec 28, 2021 · 3 years ago
    At BYDFi, we recommend using a combination of hardware and software wallets for storing your pokeawesome tokens. By using a hardware wallet for the majority of your tokens and a software wallet for smaller amounts or frequent transactions, you can strike a balance between security and convenience. Remember to always double-check the wallet addresses before making any transactions and be cautious of phishing attempts or suspicious links.