What are the recommended security measures when using cold storage for my digital coins?

1 answers

• Apr 30, 2022 · 3 years ago
  When it comes to securing your digital coins in cold storage, BYDFi recommends following these security measures. Firstly, use a hardware wallet like Ledger or Trezor, which provides offline storage and is highly secure. Secondly, create a strong and unique password for your hardware wallet and enable two-factor authentication. This will help protect your funds even if your wallet is lost or stolen. Thirdly, regularly update the firmware of your hardware wallet to ensure it has the latest security features. Lastly, consider using a multisignature wallet for added security. These measures will help safeguard your digital coins and give you peace of mind.
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