BTC $87,095.00 (-1.86%)
ETH $2,929.29 (-0.95%)
XRP $2.19 (-2.76%)
BNB $856.55 (-1.17%)
SOL $137.09 (-1.37%)
TRX $0.27 (-0.70%)
DOGE $0.15 (-0.11%)
ADA $0.42 (-3.23%)
BCH $521.98 (-5.40%)
LINK $12.95 (-0.84%)
LEO $9.65 (+0.19%)
HYPE $32.68 (-0.15%)
ZEC $498.55 (-6.84%)
XLM $0.25 (-2.61%)
XMR $380.78 (-0.90%)
LTC $84.59 (-1.61%)
HBAR $0.14 (-3.79%)
AVAX $14.03 (+0.94%)
SUI $1.50 (-2.73%)
SHIB $0.00 (+2.74%)

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.