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How can I securely store my realpay tokens?

avatarLott KornumDec 27, 2021 · 3 years ago3 answers

I recently purchased realpay tokens and I want to ensure their security. What are the best practices for securely storing my realpay tokens?

How can I securely store my realpay tokens?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    One of the best ways to securely store your realpay tokens is by using a hardware wallet. Hardware wallets are physical devices that store your tokens offline, making them less vulnerable to hacking or online attacks. They provide an extra layer of security by keeping your private keys offline and requiring physical confirmation for transactions. Some popular hardware wallets for storing realpay tokens include Ledger and Trezor. Make sure to purchase your hardware wallet from a trusted source and follow the manufacturer's instructions for setting it up and using it securely.
  • avatarDec 27, 2021 · 3 years ago
    Another option for securely storing your realpay tokens is by using a software wallet. Software wallets are applications that you can install on your computer or mobile device. They offer a convenient way to access and manage your tokens while still providing a certain level of security. However, it's important to choose a reputable software wallet and take necessary precautions such as enabling two-factor authentication and regularly updating your software to protect against potential vulnerabilities.
  • avatarDec 27, 2021 · 3 years ago
    At BYDFi, we understand the importance of securely storing your realpay tokens. That's why we recommend using a combination of hardware and software wallets for maximum security. By keeping a majority of your tokens in a hardware wallet and only transferring a small amount to a software wallet for daily use, you can minimize the risk of losing your tokens to hacking or other security breaches. Remember to always keep your wallets and private keys safe and never share them with anyone.