Cold storage is one of the safest ways to store your digital assets, but are you using it correctly? No doubt, the idea of holding digital assets on hardware that does not require that you connect to the internet protects you from online hackers. However, this does not mean you should toss out all other safety precautions of using a crypto wallet. Hardware wallets still carry risk!
Cold storage works like a hardware security module, and it holds a user’s digital assets offline. If hackers want to steal your digital assets, they may target the software you use to connect your wallet to the blockchain, or they could infect your computer or even tamper with the hardware wallet itself. So, using a hardware wallet does not mean you should let your guard down. Below are the 10 tips you should live by if you decide to use a hardware wallet to stay safe.