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Cold Storage

Mr. Fomo
Last updated: February 6, 2025 01:36
Mr. Fomo
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Cold storage is the practice of keeping cryptocurrency private keys in an offline environment, such as on hardware wallets or paper wallets. This method significantly reduces the risk of online hacks and cyber theft.

By storing assets offline, users can protect their funds from unauthorized access and digital vulnerabilities.

Cold storage is widely regarded as one of the most secure methods for long-term storage of digital assets.

Related Articles:
  • Glossary: Wallet
    A software or hardware storage for cryptocurrencies.
  • Glossary: Paper Wallet
    A printed copy of private and public keys.
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