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How can I securely store my zooshi tokens?

avatarMccarthy CurranDec 28, 2021 · 3 years ago3 answers

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

How can I securely store my zooshi tokens?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    One of the best ways to securely store your zooshi 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 zooshi tokens include Ledger and Trezor. Make sure to follow the instructions provided by the hardware wallet manufacturer to set it up correctly and keep your recovery phrase in a safe place.
  • avatarDec 28, 2021 · 3 years ago
    Another option for securely storing your zooshi tokens is by using a paper wallet. A paper wallet is a physical printout of your public and private keys. It is generated offline and can be stored in a secure location, such as a safe or a bank vault. However, it's important to note that paper wallets can be easily lost or damaged, so it's crucial to make multiple copies and store them in different secure locations.
  • avatarDec 28, 2021 · 3 years ago
    At BYDFi, we recommend using a combination of hardware wallets and multi-signature wallets for securely storing your zooshi tokens. Hardware wallets provide an extra layer of security by keeping your private keys offline, while multi-signature wallets require multiple signatures to authorize transactions, adding an additional layer of protection against unauthorized access. It's important to do your own research and choose the storage method that best suits your needs and risk tolerance.