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How can I securely store my SCER tokens?

avatarmelbetbdsportsDec 29, 2021 · 3 years ago3 answers

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

How can I securely store my SCER tokens?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    One of the best ways to securely store your SCER tokens is by using a hardware wallet. Hardware wallets are physical devices that store your private keys offline, making them less vulnerable to hacking. They provide an extra layer of security by keeping your private keys separate from your computer or smartphone. Some popular hardware wallets for storing SCER tokens include Ledger Nano S and Trezor.
  • avatarDec 29, 2021 · 3 years ago
    Another option for securely storing your SCER tokens is by using a paper wallet. A paper wallet is a physical printout of your private and public keys. It is important to generate the paper wallet offline and store it in a secure location, such as a safe or a lockbox. However, it's worth noting that paper wallets can be easily lost or damaged, so it's important to take extra precautions to keep them safe.
  • avatarDec 29, 2021 · 3 years ago
    At BYDFi, we recommend using a combination of hardware wallets and multi-signature wallets for securely storing your SCER tokens. Hardware wallets provide the highest level of security, while multi-signature wallets add an extra layer of protection by requiring multiple signatures to authorize transactions. This reduces the risk of unauthorized access to your SCER tokens. It's important to regularly update your wallet software and keep your private keys secure to ensure the safety of your SCER tokens.