What are the recommended storage options for NFTs?

3 answers

• May 07, 2022 · 3 years ago
  One of the recommended storage options for NFTs is using hardware wallets. Hardware wallets are physical devices that store your private keys offline, providing an extra layer of security. They are designed to protect your NFTs from online threats such as hacking and phishing attacks. Some popular hardware wallets for NFT storage include Ledger and Trezor. Make sure to follow the manufacturer's instructions for setting up and using the hardware wallet properly.
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• May 07, 2022 · 3 years ago
  Another option for storing NFTs is using cold storage. Cold storage refers to keeping your NFTs offline, away from any internet connection. This can be achieved by storing your NFTs on a computer that is not connected to the internet or using a dedicated offline storage device. Cold storage provides a high level of security as it eliminates the risk of online attacks. However, it may be less convenient for frequent NFT transactions.
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• May 07, 2022 · 3 years ago
  BYDFi, a leading digital currency exchange, recommends using a combination of hardware wallets and cold storage for storing NFTs. This approach provides a balance between security and convenience. By using hardware wallets for your most valuable NFTs and cold storage for long-term storage, you can ensure the safety of your digital assets. Remember to regularly update your security measures and keep backups of your private keys in a secure location.
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