5. Keep assets in cold storage - Deepstash
5. Keep assets in cold storage

5. Keep assets in cold storage

You never know when the sky might fall. The cryptocurrency space has a history of surprises when it comes to hacks. Funds can be lost in a hack at any moment, so it’s always encouraged to keep your assets off the exchange as much as possible. 

Being the guardian of your own bank is great, but it means you must find services which can accommodate keeping funds off the exchange:

  • One option for a convenient mobile hardware wallet is the Ledger Nano X. It’s simple, it works, and you can rest easy because your funds are secure. 

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cryptostash

Don’t Risk More Than You Can Afford to Lose!

The idea is part of this collection:

Getting started with Cryptocurrency

Learn more about moneyandinvestments with this collection

Understanding the basics of cryptocurrency

How to store cryptocurrency securely

Risks and benefits of investing in cryptocurrency

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