How can I store my NYC tokens securely?

3 answers

• Nov 29, 2021 · 3 years ago
  One of the best ways to store your NYC tokens securely is by using a hardware wallet. Hardware wallets are physical devices that store your private keys offline, making them less susceptible to hacking or online attacks. They provide an extra layer of security by keeping your private keys isolated from your computer or smartphone. Some popular hardware wallets for storing NYC tokens include Ledger Nano S and Trezor.
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• Nov 29, 2021 · 3 years ago
  Another option for storing your NYC tokens securely 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 NYC tokens, but they are more susceptible to hacking compared to hardware wallets. Make sure to choose a reputable software wallet with strong security features and regularly update your software to protect against potential vulnerabilities.
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• Nov 29, 2021 · 3 years ago
  At BYDFi, we recommend using a combination of hardware and software wallets to store your NYC tokens securely. Hardware wallets offer the highest level of security, while software wallets provide convenience for everyday use. By keeping the majority of your NYC tokens in a hardware wallet and only transferring a small amount to a software wallet for daily transactions, you can minimize the risk of losing your tokens to hacking or theft. Remember to always keep your wallet software and firmware up to date to ensure the latest security patches are applied.
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