BTC $91,880.00 (-0.11%)
ETH $3,133.03 (-0.65%)
XRP $2.07 (-0.89%)
BNB $908.57 (+0.18%)
SOL $139.57 (-2.10%)
TRX $0.30 (+0.02%)
DOGE $0.14 (-1.38%)
ADA $0.39 (-1.49%)
BCH $611.02 (-4.84%)
XMR $646.54 (+12.84%)
LINK $13.20 (-1.30%)
LEO $9.08 (+0.71%)
XLM $0.22 (-1.54%)
SUI $1.80 (-1.92%)
ZEC $396.74 (-4.35%)
AVAX $13.73 (-1.69%)
LTC $76.42 (-4.69%)
HYPE $24.27 (-2.66%)
CC $0.14 (-5.31%)
SHIB $0.00 (-0.52%)

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.