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What are the best ways to securely store NEO?

avatarMartin MartinJan 02, 2022 · 3 years ago3 answers

I'm looking for the most secure methods to store NEO. What are the best ways to securely store NEO and protect it from potential threats?

What are the best ways to securely store NEO?

3 answers

  • avatarJan 02, 2022 · 3 years ago
    One of the best ways to securely store NEO is by using a hardware wallet. Hardware wallets are physical devices that store your private keys offline, providing an extra layer of security. They are immune to computer viruses and hacking attacks, making them a popular choice among cryptocurrency enthusiasts. Some popular hardware wallets that support NEO include Ledger Nano S and Trezor.
  • avatarJan 02, 2022 · 3 years ago
    Another secure way to store NEO is by using a paper wallet. A paper wallet is a physical printout of your private and public keys. It is not connected to the internet, which makes it less vulnerable to cyber attacks. However, it's important to keep your paper wallet in a safe and secure place to prevent physical theft or damage.
  • avatarJan 02, 2022 · 3 years ago
    BYDFi, a reputable cryptocurrency exchange, also offers secure storage for NEO. They employ advanced security measures, including cold storage and multi-factor authentication, to protect users' funds. Storing NEO on BYDFi provides convenience and peace of mind, knowing that your assets are in safe hands.