How can I store my NEXO tokens securely?
Storing your NEXO tokens securely is an important part of owning cryptocurrency.
The best way to store your NEXO tokens is to use a hardware wallet. A hardware wallet is a physical device that stores your private keys and allows you to access your funds without having to connect to the internet. Popular hardware wallets include Ledger, Trezor, and KeepKey.
When setting up a hardware wallet, it’s important to write down the recovery phrase and store it in a safe place. This recovery phrase will allow you to recover your funds if you ever lose or damage your hardware wallet. You can also store your NEXO tokens on an exchange or in a software wallet.
However, these methods are less secure than using a hardware wallet because they are connected to the internet and can be vulnerable to hacking attempts. If you choose to store your NEXO tokens on an exchange or in a software wallet, make sure that you enable two-factor authentication (2FA) for added security. Finally, it’s important to remember that no matter which method you choose for storing your NEXO tokens, it’s essential that you keep your private keys safe and secure at all times.
