Choose a reputable wallet (hardware wallet recommended for significant amounts).
Buy the wallet from the official source (avoid secondhand devices).
Verify the integrity of the device (check for tampering, compare to photos on official site).
Follow the setup guide carefully.
Generate your seed phrase securely (use the device's entropy if possible).
Write down the seed phrase clearly and double-check it.
Store the seed phrase securely (offline, multiple locations, consider engraving on metal).
Set a strong PIN or passphrase on the device.
Enable 2FA or a password if the option exists.
Backup the wallet if it allows for it.
Ensure you have your seed phrase written down clearly and correctly.
Store the seed phrase in multiple secure locations (home safe, bank vault, with a trusted family member).
Consider engraving the seed phrase on a metal plate for durability.
If using a software wallet, make sure you have a backup of the wallet file as well.
Set calendar reminders to periodically check on your backups.
Have a plan for your backups in case of emergency situations (fire, flood, etc.).
Ensure your trusted contacts know how to access your backups in case something happens to you.
Last updated 10 months ago