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What is the recommended way to backup my crypto steel wallet?

avatarOKORODec 17, 2021 · 3 years ago1 answers

I recently purchased a crypto steel wallet and I want to make sure that I have a secure backup in case anything happens to it. What is the best way to backup my crypto steel wallet to ensure the safety of my cryptocurrencies?

What is the recommended way to backup my crypto steel wallet?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    At BYDFi, we recommend using a combination of physical and digital backups to secure your crypto steel wallet. Write down the recovery seed phrase on a piece of paper and store it in a secure location. You can also consider using a password manager or a hardware wallet to store a digital copy of the recovery seed phrase. Remember to keep your backups safe and separate from your physical wallet to minimize the risk of loss or theft.