How can I securely store my digital assets generated from the bip39 word list?

3 answers

• May 02, 2022 · 3 years ago
  To securely store your digital assets generated from the bip39 word list, you should consider using a hardware wallet. Hardware wallets are physical devices that store your private keys offline, making them less vulnerable to hacking or malware attacks. They often come with additional security features such as PIN codes and passphrase protection. By keeping your private keys offline, you significantly reduce the risk of unauthorized access to your assets.
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• May 02, 2022 · 3 years ago
  One option for securely storing your digital assets generated from the bip39 word list is to use a paper wallet. A paper wallet involves printing out your private keys and keeping them in a safe place, away from potential online threats. However, it's important to note that paper wallets can be easily lost, damaged, or stolen. Therefore, it's crucial to take extra precautions such as making multiple copies and storing them in separate secure locations.
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• May 02, 2022 · 3 years ago
  At BYDFi, we recommend using a combination of hardware wallets and multisignature wallets for secure storage of digital assets generated from the bip39 word list. Hardware wallets provide an extra layer of protection by keeping your private keys offline, while multisignature wallets require multiple signatures to authorize transactions, adding an additional level of security. By diversifying your storage methods, you can minimize the risk of losing your assets due to a single point of failure.
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