What Are the Risks of Paper or Metal Wallets?
What Are the Risks of Paper or Metal Wallets?
1) The storage and care of the paper wallet itself.
The Private Keys are stored on the paper wallet. The paper wallet must be protected from water and fire damage, as well as unauthorized viewing from cameras and protection from theft.
2) Paper and metal wallets typically, do not have a mnemonic backup phrase. If they are lost or damaged there is no way to recover your coins.
To be the most secure with your paper or metal wallet:
a) Never take a screenshot, photo or digital copy of the Private Key.
Never store a copy on your computer or online!
b) Laminate a paper wallet to protect it from water damage.
c) Store your metal or paper wallet in a fire resistant safe to protect it from fire damage and unauthorized access.
Remember, if you lose your paper or metal wallet, you lose your cryptocurrency on that wallet!
-
LIVE
MTNTOUGH Fitness Lab
23 hours agoDR. ANDY GALPIN: Unlocking Elite Performance: Mental & Physical Mastery
1,326 watching -
LIVE
Rethinking the Dollar
29 minutes agoSigns of The Economy Rolling Over: Bad News for the Auto Industry | Tuesday Morning Check-In w/ Mike
446 watching -
1:47:14
The Podcast of the Lotus Eaters
4 hours agoThe Podcast of the Lotus Eaters #939
8.95K4 -
LIVE
Wendy Bell Radio
5 hours agoDon't Trust Your Lying Eyes
11,175 watching -
10:00
Tyler Monagan
19 hours agoWorlds Fastest ELECTRIC SUPERMOTO!! 80HP Stark Varg (+100mph)
7.26K5 -
19:41
DepressedGinger
14 hours ago*WOW* Dems starting to *ABANDON* Biden, admit he's too old
25.6K38 -
39:17
Andy Frisella
15 hours agoHow Self-Forgiveness Paves the Way to Success - Ep 727 Q&AF
16K4 -
6:56
Chrissy Clark
15 hours agoU-Turn Signs Are Homophobic?!
22.7K42 -
3:30
Caleb Hammer
22 hours ago40 Year Old Is Stuck Paying Off His Girlfriends Credit Cards
33.6K22 -
23:23
TudorDixon
21 hours agoForgiving Dems Will Be Happy To Replace Biden/Harris | The Tudor Dixon Podcast
32.4K13