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How can I securely store my nabito tokens?

avatarKaram BarakahDec 19, 2021 · 3 years ago3 answers

I recently purchased some nabito tokens and I want to ensure their security. What are the best ways to securely store my nabito tokens to prevent any potential hacks or theft?

How can I securely store my nabito tokens?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    One of the best ways to securely store your nabito tokens is by using a hardware wallet. Hardware wallets are physical devices that store your private keys offline, making them less susceptible to hacking. Examples of popular hardware wallets include Ledger and Trezor. Simply connect the hardware wallet to your computer or mobile device when you need to make a transaction, and keep it disconnected when not in use. This provides an extra layer of security for your tokens.
  • avatarDec 19, 2021 · 3 years ago
    Another secure option is to use a paper wallet. A paper wallet is a physical printout of your private and public keys. You can generate a paper wallet offline and store it in a safe place, such as a lockbox or a bank vault. Just make sure to keep multiple copies in case one gets lost or damaged. However, be cautious when generating a paper wallet online, as it may expose your private keys to potential risks.
  • avatarDec 19, 2021 · 3 years ago
    At BYDFi, we recommend using a combination of hardware wallets and cold storage solutions for maximum security. Cold storage refers to storing your tokens offline, away from any internet-connected devices. This can include using a hardware wallet, paper wallet, or even a dedicated computer that is never connected to the internet. By keeping your nabito tokens in cold storage, you significantly reduce the risk of them being compromised by hackers or malware.