Cryptocurrency Security: Cold Storage & Paper Wallets

Learn correct, good-practice ways to handle your Cryptocurrency. In this course, you'll learn the most secure ways to store your digital assets, pitfalls of each method, and pros and cons of each method. COLD STORAGE Cold storage is when you store your Cryptocurrency offline so online hackers can't reach your Cryptocurrency. While this gives you security against hackers, it makes your Cryptocurrency susceptible to your own human errors or accidents like loss, theft, or simply forgetting where you put your offline wallet. PAPER CRYPTOCURRENCY AND BITOIN WALLETS This class focuses heavily on paper wallets because they are one of the common forms of cold storage. Paper wallets are what they sound like - you save your public and private keys on a piece of paper, and never share it online so hackers can't get to them. I'll show you how to do it correctly, and how to avoid common pitfalls when using paper wallets. HARDWARE CRYPTOCURRENCY AND BITOIN WALLETS Hardware wallets are another type of cold storage. Many hardware wallets are in the form of USB drives that are specifically made for storing and making transactions with Cryptocurrency. DIVERSIFYING YOUR STORAGE TYPES? It's OK to have some Cryptocurrency in offline wallets and some in online wallets. We'll discuss you can decide on what proportion is right for you for your lifestyle. Invest in your future. Enroll today!