How do I safely store my cryptocurrencies?

Cryptocurrency storage comes down to two options: hot wallets, which are connected to the internet, and cold wallets, which are not.

Hot wallets, such as those that come preloaded on popular cryptocurrency exchanges, are convenient but can also be vulnerable to hackers and other cyber threats. Cold wallets, on the other hand, are physical devices designed to store cryptocurrencies offline, making them a much more secure option. Whichever one you choose, always remember to back up your wallet and keep your passwords secure.