common-close-0
BYDFi
Trade wherever you are!

How can I safely store my Terra Luna after purchasing?

avatarDear_darlingDec 29, 2021 · 3 years ago3 answers

I recently purchased Terra Luna and I want to make sure I store it safely. What are the best practices for storing Terra Luna securely?

How can I safely store my Terra Luna after purchasing?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    To safely store your Terra Luna after purchasing, you should consider using a hardware wallet like Ledger or Trezor. These wallets provide an extra layer of security by keeping your private keys offline. Make sure to keep your recovery phrase in a safe place and enable two-factor authentication for added protection.
  • avatarDec 29, 2021 · 3 years ago
    After purchasing Terra Luna, it's important to store it in a secure wallet. You can choose between hardware wallets, software wallets, or even paper wallets. Hardware wallets are the most secure option as they keep your private keys offline. Software wallets are convenient but may be more susceptible to hacking. Paper wallets are a physical copy of your private keys and should be stored in a safe place.
  • avatarDec 29, 2021 · 3 years ago
    When it comes to storing Terra Luna after purchasing, BYDFi offers a secure wallet solution. With BYDFi's wallet, you can store your Terra Luna safely and easily access it whenever you need. The wallet is protected by advanced encryption and multi-factor authentication to ensure the security of your funds. Additionally, BYDFi regularly conducts security audits to identify and address any vulnerabilities.