BTC $68,720.00 (-2.26%)
ETH $2,010.62 (-5.07%)
XRP $1.40 (-3.70%)
BNB $616.85 (-3.36%)
SOL $82.50 (-5.50%)
TRX $0.28 (-0.17%)
DOGE $0.09 (-3.83%)
BCH $522.19 (-1.98%)
ADA $0.26 (-3.30%)
LEO $8.72 (+2.71%)
HYPE $29.47 (-6.79%)
CC $0.17 (+2.57%)
XMR $335.55 (+1.25%)
LINK $8.53 (-4.04%)
XLM $0.16 (-1.98%)
LTC $53.18 (-2.88%)
HBAR $0.09 (-2.92%)
ZEC $230.13 (-4.69%)
AVAX $8.69 (-4.19%)
SUI $0.93 (-4.28%)

Cold Asset Storage

Cold Asset Storage has nothing to do with temperature, but is the process of moving cryptocurrency ‘offline’, as a way of safekeeping your crypto-currency from hacking. There are a variety of ways to do this, but some methods most commonly used include: (i) Printing out the QR code of a software wallet and storing it somewhere safe, such as a safety deposit box, (ii) Moving the files of a software wallet onto a USB drive and storing it somewhere safe, or (iii) Using a hardware wallet.