What are the best ways to securely store real bitcoins?

3 answers

• Mar 17, 2022 · 3 years ago
  One of the best ways to securely store real bitcoins is by using a hardware wallet. Hardware wallets are physical devices that store your private keys offline, making it nearly impossible for hackers to access your funds. They provide an extra layer of security by requiring you to physically confirm transactions on the device itself. Some popular hardware wallet options include Ledger Nano S and Trezor.
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• Mar 17, 2022 · 3 years ago
  Another secure storage option is a paper wallet. A paper wallet is a physical printout of your private and public keys. It's important to generate the paper wallet offline and store it in a safe place, such as a fireproof safe or a safety deposit box. However, it's crucial to keep in mind that paper wallets can be easily damaged or lost, so it's recommended to make multiple copies and store them in different secure locations.
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• Mar 17, 2022 · 3 years ago
  At BYDFi, we recommend using a combination of hardware wallets and multi-signature wallets for the highest level of security. Multi-signature wallets require multiple private keys to authorize transactions, adding an extra layer of protection. Additionally, enabling two-factor authentication (2FA) on your exchange accounts and using strong, unique passwords can further enhance the security of your bitcoins.
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