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How can I securely store my krmt tokens?

avatarReagan SagolsemDec 29, 2021 · 3 years ago3 answers

I recently purchased some krmt tokens and I want to make sure they are stored securely. What are the best practices for securely storing krmt tokens?

How can I securely store my krmt tokens?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    One of the best ways to securely store your krmt tokens is by using a hardware wallet. Hardware wallets are physical devices that store your private keys offline, making it nearly impossible for hackers to access your tokens. Some popular hardware wallets for storing krmt tokens include Ledger and Trezor. Make sure to follow the instructions provided by the hardware wallet manufacturer to set up and use the wallet securely.
  • avatarDec 29, 2021 · 3 years ago
    Another option for securely storing your krmt tokens is by using a software wallet. Software wallets are applications that you can install on your computer or mobile device. It's important to choose a reputable software wallet and ensure that you download it from the official website. Remember to regularly update your software wallet and enable two-factor authentication for an added layer of security.
  • avatarDec 29, 2021 · 3 years ago
    At BYDFi, we recommend using a combination of hardware and software wallets for storing your krmt tokens. Hardware wallets provide the highest level of security, while software wallets offer convenience for frequent transactions. By using both, you can keep the majority of your krmt tokens in a hardware wallet and keep a smaller amount in a software wallet for easy access.