How to securely store cryptocurrencies purchased on Charles Schwab?

1 answers

• May 03, 2022 · 3 years ago
  At BYDFi, we recommend using a combination of hardware wallets and cold storage solutions to securely store cryptocurrencies purchased on Charles Schwab. Hardware wallets, such as Ledger or Trezor, provide a secure offline environment for storing your private keys. Cold storage solutions, such as paper wallets or offline computers, can also be used to store cryptocurrencies offline. It is important to keep your private keys and recovery phrases in a safe and secure location, such as a safe deposit box or a fireproof safe. Regularly update your wallets' firmware and software to ensure you have the latest security features. Remember to always keep your private keys offline and never share them with anyone.
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