There are many different ways to store cryptocurrency. Some are more convenient, while others allow you to keep your savings safe. However, storage alone may not be reliable enough. Let's find out how to properly store keys, passwords, and backup files for e-wallets.
First, let's talk about keys. The safest way to keep them away from prying eyes is to simply remember them. However, there is no guarantee that you will not forget them. This is why keys are most often written on a physical medium such as paper or wood. Now you cannot forget the keys, but they can be stolen and all your savings can be accessed. In order to protect yourself, you can use the method of manual encryption. For example, you can replace a certain fragment with another one you can think of. It's enough to use 2 or 3 characters so that the malicious user can't use the keys.
Unfortunately, saving the files in a similar way will not work. The best option would be to store the files on a password-protected external electronic media. A common flash drive is an inexpensive option. To avoid forgetting or losing the password, it can be written down in a similar way to the keys.
Storage of the resulting media is also important. They should be hidden in a secluded place or placed in a safe, if available.
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