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How can I securely store my Axuki tokens?

avatarLucas Barreto CaramuruDec 17, 2021 · 3 years ago3 answers

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

How can I securely store my Axuki tokens?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    One of the best ways to securely store your Axuki tokens is by using a hardware wallet. Hardware wallets are physical devices that store your private keys offline, making them less vulnerable to hacking. They provide an extra layer of security by keeping your private keys separate from your computer or smartphone. Some popular hardware wallets for storing Axuki tokens include Ledger Nano S and Trezor. Make sure to purchase your hardware wallet from a reputable source and follow the manufacturer's instructions for setting it up and using it securely.
  • avatarDec 17, 2021 · 3 years ago
    Another option for securely storing your Axuki tokens is by using a software wallet. Software wallets are applications that you can install on your computer or smartphone. They provide a convenient way to access and manage your Axuki tokens, but they are more vulnerable to hacking compared to hardware wallets. When using a software wallet, make sure to choose a reputable wallet provider and enable all available security features, such as two-factor authentication and encryption.
  • avatarDec 17, 2021 · 3 years ago
    At BYDFi, we recommend using a combination of hardware and software wallets for securely storing your Axuki tokens. By keeping a majority of your tokens in a hardware wallet and a smaller portion in a software wallet, you can enjoy the convenience of accessing your tokens while minimizing the risk of theft. Remember to regularly update your wallet software and firmware to ensure you have the latest security patches.