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How can I safely store my Cubi tokens?

avatarJorge Cascajo GarcinuñoDec 26, 2021 · 3 years ago3 answers

I recently purchased some Cubi tokens and I want to ensure their safety. What are the best practices for storing Cubi tokens securely?

How can I safely store my Cubi tokens?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    To safely store your Cubi tokens, you should consider using a hardware wallet such as Ledger or Trezor. These wallets provide an extra layer of security by keeping your private keys offline and protected from potential hacks or malware. Make sure to keep your recovery phrase in a safe place and never share it with anyone.
  • avatarDec 26, 2021 · 3 years ago
    One option for storing your Cubi tokens securely is to use a cold storage wallet. Cold storage wallets are not connected to the internet, making them less susceptible to hacking attempts. You can choose from hardware wallets, paper wallets, or even offline software wallets. Remember to keep multiple backups of your wallet and store them in separate secure locations.
  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we recommend using a hardware wallet to store your Cubi tokens securely. Hardware wallets offer the highest level of security as they keep your private keys offline. Additionally, you can enable additional security features such as passphrase protection. Remember to always double-check the wallet address before making any transactions and be cautious of phishing attempts.