What are the best practices for storing and protecting my Coinbase wallet 12-word phrase?

3 answers

• Jan 13, 2022 · 3 years ago
  One of the best practices for storing and protecting your Coinbase wallet 12-word phrase is to write it down on a piece of paper and store it in a secure location, such as a safe or a lockbox. Make sure to keep it away from prying eyes and potential thieves. Additionally, consider making multiple copies and storing them in different secure locations for added redundancy and protection.
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• Jan 13, 2022 · 3 years ago
  Another best practice is to avoid storing your 12-word phrase digitally, such as in a text file or email. Digital storage can be vulnerable to hacking and malware attacks. It's always better to rely on physical copies that are not connected to the internet. Remember to also avoid taking pictures or screenshots of your phrase, as these can be easily accessed if your device is compromised.
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• Jan 13, 2022 · 3 years ago
  At BYDFi, we recommend using a hardware wallet to store and protect your Coinbase wallet 12-word phrase. Hardware wallets are physical devices that securely store your private keys offline, providing an extra layer of protection against online threats. They are designed to keep your cryptocurrencies safe even if your computer or smartphone is compromised. Consider investing in a reputable hardware wallet to ensure the security of your 12-word phrase and your digital assets.
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