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Private Keys and Backups

[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][vc_text_separator title=”What are private keys?” title_align=”separator_align_left” align=”align_left”][vc_column_text]Making secure backups of your private keys is essential towards having a worryfree crypto experience. For beginners, a suggested method is to handwrite the seed phrase, which is a 12 or 24 word mnemonic code that holds the information to the funds (the private key), onto cardstock type of paper which can then be laminated and stored in a couple of secure locations. Using 1Password to store the private key is a convenient option for getting started, and is recommended for securing online passwords in general.[/vc_column_text][vc_text_separator title=”Getting Serious” title_align=”separator_align_left” align=”align_left”][image_with_animation animation=”Fade In” hover_animation=”none” alignment=”” border_radius=”none” box_shadow=”none” image_loading=”default” max_width=”100%” max_width_mobile=”default”][vc_column_text]

A more advanced method is to buy metal hardware such as CryptoSteelSteel Backup, Hodlinox, or Coldbit to make a backup of your seed phrase, which you can store in multiple locations within safes, or private vaults that may be in your area. Remember to never share your private key online. If you ever need wallet help, online fraudsters will offer to help you if you give them your private key, but they will empty your funds which will be gone forever. Your private key is like the key to your home. You would not give it out so freely, if ever.[/vc_column_text][/vc_column][/vc_row]

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