How can you store your cryptocurrency safely?

1. Use a secure wallet: Crypto wallets come in many different forms, from hardware wallets to mobile wallets, and it’s important to choose one with features that suit your needs. Make sure you thoroughly research the security features of any wallet you are considering using for storing or sending cryptocurrency.

2. Back up your private keys: Private keys are the credentials used to access a cryptocurrency address and spend funds on the blockchain and thus should be kept secure. You can back up these keys and store them in a secure location.

3. Store your crypto offline: Keeping crypto offline—ideally through cold storage—is the most secure way to store crypto to date. Cold storage involves disconnecting your asset from the internet, leaving it inaccessible to potential hackers while still allowing users to verify their holdings and make transactions when required.

4. Enable two-factor authentication: Two-factor authentication, also known as 2FA, is an essential security measure and should be enabled wherever possible. This requires users to enter two sets of authentication information instead of the typical single set, making it much more difficult for unauthorised individuals to access the account.