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How can I securely store my NEO coins in a wallet?

avatara boongaDec 24, 2021 · 3 years ago3 answers

I recently purchased some NEO coins and I want to make sure they are stored securely. What are the best practices for securely storing NEO coins in a wallet?

How can I securely store my NEO coins in a wallet?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    One of the best ways to securely store your NEO coins is by using a hardware wallet. Hardware wallets are physical devices that store your private keys offline, making them less susceptible to hacking or theft. Popular hardware wallets that support NEO include Ledger and Trezor. Simply connect the hardware wallet to your computer or mobile device, follow the instructions to set it up, and transfer your NEO coins to the wallet. Remember to keep your recovery phrase safe in case you need to restore your wallet.
  • avatarDec 24, 2021 · 3 years ago
    If you prefer a software wallet, you can choose from various options that support NEO. Some popular software wallets for NEO include NEON Wallet, O3 Wallet, and Aphelion Wallet. When using a software wallet, it's important to ensure that you download it from the official website or a trusted source. Always double-check the website URL and verify the wallet's authenticity before downloading. Additionally, enable two-factor authentication for an extra layer of security.
  • avatarDec 24, 2021 · 3 years ago
    At BYDFi, we recommend using a hardware wallet for the highest level of security when storing your NEO coins. Hardware wallets keep your private keys offline, protecting them from potential online threats. Ledger and Trezor are two reputable hardware wallet brands that support NEO. By using a hardware wallet, you can have peace of mind knowing that your NEO coins are stored securely.