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I recently purchased a cold wallet to store my cryptocurrency. I’m relatively new to mining and other crypto related subjects. But as soon as I got a taste, I was hooked from day 1. I learned about mining $HNT and once the coins began appearing in my online wallet, I started to delve deeper into all things crypto related. Security has always been a big issue for me, when it comes to finances. From governments to lawyers to hackers… Keeping the prying eyes away from my crypto wallets is certainly a concern.
I mentioned earlier that I was storing my coins online; via hot wallets. These online wallets make things much more simple for the user. But, since they are connected to the internet, they are vulnerable to government seizures, hacker attacks and even being locked out of your account by the exchanges and institutions, hosting the hot “online” wallets.
Well, to me, there had to be a better way. After some research I learned about cold wallets. These wallets do not connect to the internet and store your private keys (long password for accessing your wallet) offline. That private key is stored in your physical wallet called a cold wallet. This truly made the concept of being your own bank a reality. But there was a caveat… you had to have a backup of your private key (usually 24 seed words) in case something happened to your physical wallet.
The backup method for most was a simple piece of paper. You would write down the 24 words in order and guard them with your life. If anyone else gets their hands on these 24 words, they could access your account and empty it. And… there wouldn’t be a darn thing that you would be able to do about it. Keeping that piece of paper in my safe, kept it away from prying eyes. But what would happen to that piece of paper if my home got flooded or caught fire? That was certainly a question that was keeping me up at night.
I began scouring the internet for solutions and came across cold wallet backups. These backups were made from heavy duty steel and were virtually indestructible. One of the cold wallet backups that caught my eye was CRYPTOTAG.
SPECS ON THE CRYPTOTAG COLD WALLET BACKUP:
- Corrosion resistant
- Pressure resistant
- Heat resistant 3032°F / 1667℃
- Impact resistant bullet proof
- Hacker proof
- Lifetime Guarantee
I can now rest easier knowing that my cold wallet backup is protecting my private keep from pretty much any type of disaster that could occur in my home. I have since moved my CRYPTOTAG from my safe, for obvious reasons, and placed it in a discreet location that I’m sure no would-be thief would find.
If you want to get a cold wallet backup, that is guaranteed for life and has some of the best specifications that I have seen in a cold wallet backup, definitely take a look that this CRYPTOTAG.
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