BTC $95,514.00 (-1.43%)
ETH $3,307.34 (-1.78%)
BNB $934.09 (-0.83%)
XRP $2.06 (-2.83%)
SOL $143.33 (-1.11%)
TRX $0.31 (+0.06%)
DOGE $0.14 (-4.50%)
ADA $0.39 (-4.32%)
XMR $703.01 (-4.41%)
BCH $600.61 (-2.47%)
LINK $13.72 (-2.79%)
LEO $8.91 (+0.11%)
XLM $0.22 (-3.19%)
SUI $1.78 (-2.66%)
ZEC $407.15 (-8.36%)
HYPE $24.96 (-1.32%)
AVAX $13.78 (-4.17%)
LTC $72.28 (-4.77%)
HBAR $0.12 (-4.38%)
SHIB $0.00 (-2.21%)

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.