How to securely store Tezos after purchasing?

After purchasing Tezos, what are the best practices for securely storing them?

1 answers
- At BYDFi, we recommend using a hardware wallet to securely store your Tezos after purchasing. Hardware wallets provide an extra layer of security by keeping your private keys offline and away from potential threats. Additionally, enabling two-factor authentication (2FA) and regularly updating your wallet's software are important steps to enhance the security of your Tezos holdings. Remember, the security of your Tezos is of utmost importance, and taking these precautions will help protect your investment.
Mar 17, 2022 · 3 years ago
Related Tags
Hot Questions
- 92
What are the best practices for reporting cryptocurrency on my taxes?
- 88
How can I buy Bitcoin with a credit card?
- 74
What are the best digital currencies to invest in right now?
- 69
What are the tax implications of using cryptocurrency?
- 59
How does cryptocurrency affect my tax return?
- 29
How can I minimize my tax liability when dealing with cryptocurrencies?
- 22
How can I protect my digital assets from hackers?
- 12
Are there any special tax rules for crypto investors?