Cryptocurrencies·6 questions

How to safely store cryptocurrency?

Answer

Exchange (Binance, Bybit) — convenient for trading, but risk of hacking/bankruptcy of the exchange. Hot wallet (MetaMask, Trust Wallet) — for small amounts, online. Cold wallet (Ledger, Trezor) — offline, maximally secure for large sums. Keep seed phrase offline, in multiple places. Never share your seed with anyone.

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