Safely storing and accessing your cryptocurrency is paramount to preserving its value. The most devastating thing that can happen to your crypto is losing your private keys – a risk that is very real.

When you own crypto, you should also own the private keys or have access to them. Unlike paper money, crypto is held in digital form and whoever has your private keys can access your crypto holdings. For example, if you’re using a centralized exchange like Coinbase or Kraken, they possess your crypto and hold your private keys. It may be better to work with a trusted and qualified custodian. 

Properly securing your private keys will unlock your financial freedom. We will structure a plan for you and provide introductions to the best-in-class custodians to ensure the security of your private keys to the greatest extent possible while allowing access to your crypto to unlock your financial freedom.

1. Use a hardware wallet

This is the safest way to keep your crypto keys. Hardware wallets are small devices you plug into your computer. They generate and store encrypted keys, and the private keys are offline at all times.

2. Use an encrypted password manager

Password managers generate and store complex passwords for all your accounts. They encrypt them, so only you can access them. For an extra layer of security, encrypt your private keys.

3. Use multi-factor authentication

Many online services require that you verify your identity by logging in with a second form of login, such as a password and a one-time code sent to your phone. The code is randomly generated every time you log in.

4. Backup your keys

It’s important to store your private keys in several backup locations with the best solution for long-term storage, such as steel plates or similar indestructible metal word protectors.