- BenutzernameMoneyland User Questions
- Status Member
- Registriert seit1/27/17
- Beiträge2142
What is the safest way to store bitcoin keys?
Here you will find the right answers
The moneyland.ch forum lets you exchange knowledge on numerous topics related to money and get answers to your questions at any time. Join forum users and experts in discussions relating to banking, investment, insurance, retirement, telecom and everyday money topics.
Show categories
What is the safest way to store bitcoin keys?
Hi there,
Bitcoin keys should be held in a format which cannot be accessed through the Internet. This is especially true if you hold a substantial amount of Bitcoin.
Storing your Bitcoin keys in paper format in a fireproof safe or safe deposit box and never storing them on a digital device will ensure that they cannot be accessed by hackers or by malware and other invasive software.
Ideally, you should store your Bitcoins in a number of wallets, each with its individual key. That way if one wallet is compromised, you will not lose all your Bitcoins.
If you actually use Bitcoins to make purchases, rather than just storing value, you will likely need a more accessible key. In this case, consider using a separate Bitcoin wallet containing only the amount of Bitcoin necessary for your purchases.
Best regards from Moneyguru
More on this topic:
Swiss Safe Deposit Boxes Compared
Non-Bank Safe Deposit Boxes in Switzerland – Who Are They For?
Cheap bank accounts with card
Cheap bank accounts with card
Bank WIR Bankpaket Top
Free account & card
No exchange fees for foreign payments (interbank exchange rates)
24 ATM withdrawals worldwide per year free of charge
Radicant
High interest on your everyday account
Best exchange rates
Up to 1% of card spending as saveback in the investment portfolio
Yuh
No account fees
Banking partner: Swissquote & Postfinance
CHF 20 trading credit with code «YUHMONEYLAND»
Alpian
CHF 100 welcome bonus
Favorable foreign exchange rates
Multi-currency account with Visa card (CHF, EUR, USD, GBP)
UBS key4
50 KeyClub points as a welcome gift
Online private account with debit card
Bank WIR Bankpaket Top
Free account & card