[{"data":1,"prerenderedAt":346},["ShallowReactive",2],{"api/learn-center-post-en-how-to-securely-store-crypto":3,"footer-en":56,"learn/bitstamp-tutorials/how-to-securely-store-crypto-en-seo":254,"navigation-en-learn-center":259,"api/learn-categories-en":307},{"seo":4,"locale":28,"breadcrumbs":29,"excerpt":37,"featuredImage":38,"components":39,"title":5,"formattedPublishedAt":50,"geofencings":51,"category":52,"pagination":54,"campaignExternalId":8},{"title":5,"metaTitle":6,"metaDescription":7,"keywords":8,"metaRobots":8,"structuredData":9,"metaImage":10,"metaSocial":18,"canonicalURL":8,"localizations":19},"How to securely store crypto?","How to securely store crypto? - Bitstamp Learn Center","Storing crypto relies on a set of two cryptographic keys – a public key, and a private key. Learn how to safely store your crypto - Bitstamp Learn Center",null,{},{"url":11,"mime":12,"ext":13,"width":14,"height":15,"name":16,"alt":17},"bitstampImageUrl/1920x1080px_illustrations_learningcenter_31svg_007b26160b_d2fb6a49d8.svg","image/svg+xml",".svg",192,108,"1920x1080px_illustrations_learningcenter_31svg_007b26160b.svg","",[],[20,23,26],{"pathname":21,"locale":22},"/en-gb/learn/bitstamp-tutorials/how-to-securely-store-crypto/","en-GB",{"pathname":24,"locale":25},"/es/learn/bitstamp-tutorials/how-to-securely-store-crypto/","es",{"pathname":27,"locale":28},"/learn/bitstamp-tutorials/how-to-securely-store-crypto/","en",[30,34],{"id":31,"text":32,"url":31,"asUrl":33},"/learn/bitstamp-tutorials/","Tutorials",true,{"id":35,"text":5,"url":27,"asUrl":36},"how-to-securely-store-crypto",false,"\u003Cp>Since cryptocurrencies like BTC, LTC and ETH are digital currencies, they have no physical form. As such, they are stored in a fundamentally different way than traditional currencies. There are two main ways of storing crypto: in your own digital wallet or at a crypto exchange.\u003C/p>\n",{"url":11,"mime":12,"ext":13,"width":14,"height":15,"name":16,"alt":17},[40],{"component":41,"props":42,"content":43,"secondaryContent":47,"ctas":48,"secondaryCtas":49,"ctasNoMarginTop":36},"section.full-text",{"centered":36,"withoutSectionContainer":36},{"text":44,"width":45,"align":46},"\u003Cp>SECURE CRYPTO STORAGE ESSENTIALS\u003C/p>\n\u003Cul>\n\u003Cli>Securely storing cryptocurrency means protecting your private keys.\u003C/li>\n\u003Cli>Two ways of storing cryptocurrency: on an exchange or in a wallet you control.\u003C/li>\n\u003Cli>There are 5 main types of cryptocurrency wallets: online, desktop, mobile, paper and hardware.\u003C/li>\n\u003C/ul>\n\u003Cp>\u003Cstrong>Tips\u003C/strong>:\u003C/p>\n\u003Cul>\n\u003Cli>Hold the majority of cryptocurrency in cold storage for security and store the minimum amount online for convenient everyday use.\u003C/li>\n\u003Cli>A securely-stored backup is essential.\u003C/li>\n\u003C/ul>\n\u003Ch2>The basics of secure crypto storage\u003C/h2>\n\u003Cp>Storing crypto relies on a set of two cryptographic keys – a \u003Cstrong>\u003Ca href=\"/learn/security/what-are-private-and-public-keys/\">public key\u003C/a>\u003C/strong>, which acts as the door to your crypto safety deposit box, and a \u003Cstrong>private key\u003C/strong>, which is the combination used to unlock it. Public keys are visible to everyone, while private keys should only be known to you.\u003C/p>\n\u003Cp>When we talk about the secure storage of cryptocurrency, we are actually talking about the \u003Cstrong>secure storage of private keys.\u003C/strong>\u003C/p>\n\u003Cp>If you keep your funds at an exchange, like Bitstamp by Robinhood, the exchange takes full responsibility for safeguarding the private keys and takes special precautions to ensure that your assets are safe. If you decide to store the coins yourself, it is up to you to select a secure \u003Cstrong>cryptocurrency wallet.\u003C/strong>\u003C/p>\n\u003Cp>Visit our markets page to \u003Ca href=\"/markets/\">buy cryptocurrencies\u003C/a> at the Bitstamp by Robinhood Exchange.\u003C/p>\n\u003Cp>There are a number of different cryptocurrency wallet types available – from online software or hardware solutions to traditional analog pen and paper. It is important to understand the advantages and disadvantages of each type, so you can keep your coins and tokens safe.\u003C/p>\n\u003Ch2>Types of crypto wallets\u003C/h2>\n\u003Ch3>Online wallet\u003C/h3>\n\u003Cp>An online crypto wallet can be accessed via any web browser. Most are free to use and support multiple cryptocurrencies. With your private keys instantly accessible online, they are suitable for users looking for a fast way to perform transactions.\u003C/p>\n\u003Cp>While convenient, online storage of private keys opens up options for exploitation. The vulnerability lies in the transaction data having to be transmitted from the server of your wallet provider to your device and vice versa. A responsible wallet provider will try to make sure these transmissions are secure, but you can never be too sure.\u003C/p>\n\u003Ch3>Desktop wallet\u003C/h3>\n\u003Cp>A desktop wallet is a software program that stores your private keys on your personal computer’s hard drive. Most desktop wallets can be downloaded for free and are user-friendly.\u003C/p>\n\u003Cp>If you keep your computer offline, a desktop wallet is a secure way of storing cryptocurrencies. But since most computers are used to access the internet, desktop wallets are vulnerable to hacks or malware.\u003C/p>\n\u003Ch3>Mobile wallet\u003C/h3>\n\u003Cp>A mobile wallet is a mobile app that enables access to private keys on the move. These apps often include practical features, such as QR code scanning, contactless payment options and face-to-face trading, making them a convenient choice for those who use cryptocurrencies in everyday life.\u003C/p>\n\u003Cp>Practicality, however, should not outweigh security. You should always make sure to select a safe and reliable mobile wallet that is built robustly and supports essential security features, such as two-factor authentication. Bitstamp by Robinhood provides a mobile wallet with all the functionalities of the exchange built to rigorous standards of security. &nbsp;Find out more about our \u003Ca href=\"/mobile/\">Bitstamp by Robinhood mobile wallet\u003C/a>.\u003C/p>\n\u003Ch3>Paper wallet\u003C/h3>\n\u003Cp>The least technologically-sophisticated way of storing crypto is to print the private and public keys on paper. This method provides a high level of security, as your assets are stored completely offline. Keep in mind, however, that paper wallets are as secure as the place you store them.\u003C/p>\n\u003Cp>The disadvantage of using a paper wallet is that you have to transfer your keys to a software wallet before any crypto transactions can be made by typing them in manually each time you want to use cryptocurrency. If you’re an every-day user, the difficulty of this process can outweigh the security benefits of paper wallets.\u003C/p>\n\u003Ch3>Hardware wallet\u003C/h3>\n\u003Cp>Storing cryptocurrency offline is commonly referred to as “cold storage” and is considered the safest storage option, since it is immune to hacks. A hardware wallet combines the advantages of both software and paper wallets, providing convenience as well as security. Private keys are stored offline on specially-built hardware devices.\u003C/p>\n\u003Cp>Consumer-grade hardware wallets sometimes look similar to flash drives. To perform crypto transactions, the device is simply connected to a computer (or, in some cases, even a smartphone) that is connected to the internet. The keys are stored on a protected part of the microcontroller, which secures them while the wallet is connected to another device.\u003C/p>\n\u003Cp>Such hardware wallets usually come with “seed words,” which enable the recovery of private keys in case the device breaks down or gets lost. When choosing your device, it is best to opt for one that features a display – transaction information displayed on a hardware wallet is more trustworthy than the data displayed online.\u003C/p>\n\u003Ch2>Keep your crypto wallet safe\u003C/h2>\n\u003Cp>Owning crypto comes with full responsibility for the safety of your private keys. The best course of action is to store the majority of coins in cold storage and keep only the minimum amount in software wallets, to cater to your everyday needs.\u003C/p>\n\u003Cp>Protect your wallet with a unique password of at least 12 random upper- and lowercase letters, numbers and symbols. If using a software wallet that supports two-factor authentication, keep it on at all times.\u003C/p>\n\u003Cp>Your wallet is only as secure as the device it is hosted on, so protect your electronic devices from hacks and viruses and keep up with your wallet provider's security updates.\u003C/p>\n\u003Cp>Back up your crypto wallet regularly to maintain control of your private keys. If your wallet is compromised or breaks down, your cryptocurrencies can be lost forever. It is best to store backups on various secure mediums (like paper wallets), and always encrypt backups stored online.\u003C/p>\n\u003Cp>It is also wise to make sure that your loved ones will be able to access your funds, should anything happen to you. If you own significant amounts of cryptocurrency, it is prudent to include information about your wallets in your will.\u003C/p>\n\u003Cp>If you do not want to deal with all these issues, an alternative is to keep your coins at a reputable exchange, like Bitstamp by Robinhood.\u003C/p>\n\u003Ch2>Storing crypto at an exchange\u003C/h2>\n\u003Cp>When making fiat-to-crypto transactions (and vice versa) on an exchange, it is important to choose a safe and reliable platform. Reputable exchanges take great precautions to ensure the safety of their users' funds. Bitstamp by Robinhood keeps approximately 95% of all crypto assets in cold storage and uses a \u003Ca href=\"/learn/security/what-is-a-multisig-wallet/\">MultiSig\u003C/a> online wallet for the remaining 2%.\u003Cbr>Bitstamp by Robinhood has been around since 2011 and has established itself as a safe and reliable venue for over four million customers worldwide. You can \u003Ca href=\"/account/register/\">register your free account\u003C/a> and get access to the world’s biggest cryptocurrencies by market cap. Then carefully decide how you’re going to store your digital assets.\u003C/p>\n","full","left",{"text":17},[],[],"August 17th, 2022",{"geofencing-uk":33},{"title":32,"url":31,"geofencings":53},{},{"previous":8,"next":55},"/learn/bitstamp-tutorials/how-to-send-and-receive-ripple-xrp/",{"ready":33,"sections":57,"disclaimer":252,"copyright":253},[58,101,129,152,189,208],{"title":59,"content":17,"items":60},"About",[61,66,71,76,81,86,91,96],{"noFollow":33,"isExternal":36,"name":62,"value":63,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":64,"geofencings":65},"Who We 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Kingdom",{},{},{"title":209,"content":17,"items":210},"Contact",[211,216,220,224,228,232,237,242,247],{"noFollow":36,"isExternal":36,"name":212,"value":213,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":214,"geofencings":215},"Customer 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20 3868 9628","+442038689628",{},{},{"noFollow":36,"isExternal":36,"name":238,"value":239,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":240,"geofencings":241},"+1 800 712 5702","+18007125702",{},{},{"noFollow":36,"isExternal":36,"name":243,"value":244,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":245,"geofencings":246},"+352 20 88 10 96","+35220881096",{},{},{"noFollow":36,"isExternal":36,"name":248,"value":249,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":250,"geofencings":251},"+65 3105 1676","+6531051676",{},{},"\u003Cp>Please read the general \u003Ca href=\"/legal/risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Warning\u003C/a>, and \u003Ca href=\"/legal/uk-investment-risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Summary\u003C/a> for UK residents before investing in crypto-assets. \u003C/p>\n\u003Cp>Crypto-assets services are provided by the following Bitstamp legal entities depending on client residency: (1) Bitstamp Europe S.A., which is authorized by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg as a payment institution (licence number Z00000012) and crypto-asset service provider (licence number N00000003); Registered address: 40, avenue Monterey, L-2163 Luxembourg, Grand Duchy of Luxembourg; Registration number: B196856; (2) Bitstamp UK Ltd., which is registered with the Financial Conduct Authority (FCA) in the UK for the provision of certain cryptoassets activities under the Money Laundering Regulations (Firm Reference Number 978690); Registered address: 5 New Street Square, EC4A 3TW London, United Kingdom; Registration number: 14174243; (3) Bitstamp Ltd.with its registered address at 5 New Street Square, EC4A 3TW London, United Kingdom and registration number: 8157033; (4) Bitstamp Global Ltd., which is registered as a Virtual Asset Service Provider in the British Virgin Islands and is supervised by the British Virgin Islands Financial Services Commission (FSC); Registered address: Floor 4, Banco Popular Building, Road Town, Tortola VG1110, British Virgin Islands; Registered number: 2086429; and (5) Bitstamp Asia Pte Ltd, which is authorized by the Monetary Authority of Singapore (MAS) as a major payment institution (licence number PS20200667); Registered address: 63 Chulia Street, OCBC Centre East, #15-01, Singapore 049514; Registered number: 202016687K;\u003C/p>\n\u003Cp>Virtual currency services to US residents are provided by Bitstamp USA, Inc., which is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Licensed as a Money Transmitter by the New York State Department of Financial Services. Review a \u003Ca href=\"/legal/usa-inc/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">list of its licenses and other registrations\u003C/a> (NMLS number \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">1905429\u003C/a>) for more information; Registered address: 85 Willow Road, Menlo Park, CA 94025, United States of America; Registered number: 5481543.\u003C/p>\n\u003Cp>Investment services with regards to trading in crypto derivatives are provided by Bitstamp Financial Services Ltd., which is authorized and supervised by the Slovenian Securities Market Agency (ATVP) as a MiFiD investment firm. Trading crypto derivatives carries significant risks and may result in substantial losses. Please trade responsibly and ensure you understand the associated risks. You can find more about the risks \u003Ca href=\"/legal/financial-services/general-terms-and-conditions/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>. To help you understand the risks involved we have put together a series of \u003Ca href=\"/derivatives/key-information-documents/\" target=\"_blank\" rel=\"noopener noreferrer\">Key Information Documents (KIDs)\u003C/a> highlighting the risks and rewards related to each derivatives contract. Crypto derivatives trading is not available to customers in the US, Canada, Japan and some other countries. Bitstamp Financial Services Ltd. does not provide crypto-asset services.\u003C/p>\n\u003Cp>To find out more about which Bitstamp entity you receive services from, please check the Profile/My information in your Bitstamp account. You can read more about our legal terms, policies and disclosures \u003Ca href=\"/legal/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>.\u003C/p>\n","\u003Cp>All rights reserved © 2026 Bitstamp by Robinhood. \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">NMLS #1905429\u003C/a>\u003C/p>\n",{"description":7,"ogDescription":7,"ogImage":255,"twitterImage":255,"twitterSite":256,"twitterCreator":256,"twitterCard":257,"twitterTitle":6,"twitterDescription":7,"titleTemplate":258},"https://assets.bitstamp.net/msc/_ipx/enlarge_true&f_png&fit_cover&q_85&s_1200x630/bitstampImageUrl/1920x1080px_illustrations_learningcenter_31svg_007b26160b_d2fb6a49d8.png","@Bitstamp","summary_large_image","%s",{"items":260,"ready":33,"platformButtonText":303,"backButtonText":304,"logInButtonText":305,"signUpButtonText":306},[261,265,269,272,275,278,281,286,289,294,299],{"headerName":262,"sidemenuName":133,"url":134,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":263,"submenu":264,"tag":17},"Institutions",{},[],{"headerName":125,"sidemenuName":125,"url":126,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":266,"submenu":267,"tag":268},{},[],"NEW",{"headerName":148,"sidemenuName":148,"url":149,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":270,"submenu":271,"tag":17},{},[],{"headerName":105,"sidemenuName":105,"url":106,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":273,"submenu":274,"tag":17},{},[],{"headerName":115,"sidemenuName":115,"url":116,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":276,"submenu":277,"tag":17},{},[],{"headerName":120,"sidemenuName":120,"url":121,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":279,"submenu":280,"tag":17},{"geofencing-uk":33},[],{"headerName":282,"sidemenuName":282,"url":283,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":284,"submenu":285,"tag":17},"Markets","/markets/",{},[],{"headerName":110,"sidemenuName":110,"url":111,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":287,"submenu":288,"tag":17},{},[],{"headerName":290,"sidemenuName":290,"url":291,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":292,"submenu":293,"tag":17},"Blog","https://blog.bitstamp.net/",{},[],{"headerName":295,"sidemenuName":295,"url":296,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":297,"submenu":298,"tag":17},"Learn","/learn/",{},[],{"headerName":300,"sidemenuName":300,"url":106,"noFollow":36,"showInHeader":36,"showInSidemenu":33,"geofencings":301,"submenu":302,"tag":17},"Get Bitstamp by Robinhood app",{},[],"Go to platform","Back","Log in","Get started",[308,312,316,320,324,328,332,336,340,342],{"title":309,"url":310,"geofencings":311},"Blockchain technology","/learn/blockchain/",{},{"title":313,"url":314,"geofencings":315},"Company profiles","/learn/company-profiles/",{},{"title":317,"url":318,"geofencings":319},"Crypto 101","/learn/crypto-101/",{},{"title":321,"url":322,"geofencings":323},"Crypto definitions","/learn/crypto-definitions/",{},{"title":325,"url":326,"geofencings":327},"Crypto trading","/learn/crypto-trading/",{},{"title":329,"url":330,"geofencings":331},"Cryptocurrency guide","/learn/cryptocurrency-guide/",{"geofencing-uk":33},{"title":333,"url":334,"geofencings":335},"People profiles","/learn/people-profiles/",{},{"title":337,"url":338,"geofencings":339},"Security","/learn/security/",{},{"title":32,"url":31,"geofencings":341},{},{"title":343,"url":344,"geofencings":345},"Web3","/learn/web3/",{},1775055421929]