Are there any best practices for storing and protecting a 12-word recovery phrase for digital assets?

3 answers

• Shubham HaldeJun 29, 2022 · 3 years ago
  As a Google SEO expert, I can tell you that securely storing and protecting your 12-word recovery phrase is crucial for the safety of your digital assets. Here are some best practices to follow: 1. Write down the recovery phrase on a piece of paper and store it in a secure location, such as a safe or a lockbox. Avoid storing it digitally, as it can be vulnerable to hacking. 2. Use a passphrase to encrypt the recovery phrase. This adds an extra layer of security in case someone finds the paper with the recovery phrase. 3. Consider using a hardware wallet to store your digital assets. Hardware wallets are offline devices that store your recovery phrase and private keys securely. Remember, the recovery phrase is the key to accessing your digital assets, so it's important to keep it safe and protected.
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• sethDec 15, 2021 · 4 years ago
  Hey there! Storing and protecting your 12-word recovery phrase is super important when it comes to digital assets. Here are some best practices you should keep in mind: 1. Don't store the recovery phrase on your computer or any online platform. It's best to write it down on a piece of paper and keep it offline. 2. Make sure to keep multiple copies of the recovery phrase in different secure locations. This way, if one copy gets lost or damaged, you have a backup. 3. Consider using a hardware wallet to store your digital assets. These devices are specifically designed to keep your recovery phrase and private keys safe from hackers. Remember, it's better to be safe than sorry when it comes to protecting your digital assets!
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• htograma38Apr 07, 2022 · 3 years ago
  At BYDFi, we understand the importance of securely storing and protecting your 12-word recovery phrase. Here are some best practices we recommend: 1. Write down the recovery phrase on a piece of paper and store it in a fireproof safe or a safety deposit box. 2. Avoid taking pictures or scanning the recovery phrase, as digital copies can be easily compromised. 3. Consider using a hardware wallet like the BYDFi Wallet to securely store your digital assets. The wallet encrypts your recovery phrase and keeps it offline, away from potential hackers. Remember, protecting your recovery phrase is essential for the security of your digital assets!
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