What are the best ways to securely store my coinbase 12 word phrase?

3 answers

• Dec 26, 2021 · 3 years ago
  One of the best ways to securely store your Coinbase 12 word phrase is by using a hardware wallet. Hardware wallets are physical devices that store your private keys offline, providing an extra layer of security. They are designed to protect your digital assets from online threats such as hacking or malware. Some popular hardware wallet options include Ledger Nano S and Trezor. By keeping your 12 word phrase offline and in a secure hardware wallet, you can greatly reduce the risk of unauthorized access to your funds.
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• Dec 26, 2021 · 3 years ago
  Another secure way to store your Coinbase 12 word phrase is by using a paper wallet. A paper wallet is a physical printout of your private keys and public addresses. It is generated offline and can be stored in a safe place, such as a bank vault or a fireproof safe. Paper wallets are not connected to the internet, making them immune to online attacks. However, it's important to keep your paper wallet safe and prevent it from being damaged or lost. Consider making multiple copies and storing them in different secure locations.
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• Dec 26, 2021 · 3 years ago
  At BYDFi, we recommend using a combination of hardware wallets and offline backups to securely store your Coinbase 12 word phrase. Hardware wallets provide the highest level of security, but having an offline backup is also important in case your hardware wallet gets lost or damaged. You can create an offline backup by writing down your 12 word phrase on a piece of paper and storing it in a secure location. Remember to keep your backup away from prying eyes and consider using a secure password manager to store an encrypted digital copy.
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