Safest ways to store crypto?

Samantha

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Jun 7, 2024
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I know that a physical USB hardware or something like that is the best way, but let's suppose they won't ship it to my country

And we know that exchanges are the devil and they can take, freeze, steal, block or do whatever they want with your money

What are the alternative safest ways to keep some thousands of dollars in crypto?
 

Gislason

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Jun 7, 2024
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I created a ranking for you. No. 1 is the most secure.

1. Cold Wallet (e.g. Trezor, Ledger)
2. Hot Wallet (e.g. MetaMask, Trust Wallet)
3. T1 Exchange (e.g. Coinbase, Kraken)
4. T2 and T3 exchanges (e.g. Binance, KuCoin)
 

Donnie

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Jun 7, 2024
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If you go the Hot Wallet route, remember that the seed phrase IS the wallet, so you should store that in a secure way. For example, a Keepass database
 
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