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How can I securely store my STNG tokens?

avatarKalpitDec 27, 2021 · 3 years ago3 answers

I recently purchased some STNG tokens and I want to make sure they are stored securely. What are the best practices for securely storing my STNG tokens to prevent any potential hacks or theft?

How can I securely store my STNG tokens?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    One of the best ways to securely store your STNG 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. Simply connect the hardware wallet to your computer or mobile device when you need to make a transaction. This provides an extra layer of security compared to software wallets or exchanges.
  • avatarDec 27, 2021 · 3 years ago
    Another option for secure storage of your STNG tokens is using a paper wallet. A paper wallet is a physical printout of your public and private keys. This method keeps your tokens completely offline, reducing the risk of online hacks. Just make sure to keep your paper wallet in a safe and secure location, such as a lockbox or a safe deposit box.
  • avatarDec 27, 2021 · 3 years ago
    At BYDFi, we recommend using a combination of hardware wallets and paper wallets for the most secure storage of your STNG tokens. Hardware wallets provide convenience for everyday transactions, while paper wallets offer long-term offline storage. Remember to always double-check the authenticity of the hardware wallet or paper wallet provider before using their services.