BTC $91,496.00 (+0.56%)
ETH $3,019.73 (-0.15%)
XRP $2.21 (+0.47%)
BNB $894.65 (+0.23%)
SOL $140.16 (-1.90%)
TRX $0.28 (+1.82%)
DOGE $0.15 (-1.96%)
ADA $0.43 (-1.03%)
BCH $533.96 (-1.91%)
HYPE $35.11 (-0.85%)
LINK $13.29 (-0.11%)
LEO $9.82 (+1.42%)
XLM $0.25 (-1.41%)
ZEC $474.21 (-6.74%)
XMR $405.61 (+2.37%)
LTC $85.13 (-1.50%)
AVAX $15.03 (+0.65%)
HBAR $0.15 (-0.91%)
SUI $1.53 (-0.49%)
SHIB $0.00 (+1.87%)

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.