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Security considerations for storing and trading cryptoassets from "summary" of Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond by Chris Burniske,Jack Tatar
Security considerations are paramount for those looking to store and trade cryptoassets. One of the key aspects to keep in mind is the importance of securing your private keys. Private keys are essentially the passwords that grant access to your cryptoassets. Without them, you cannot access or transfer your holdings. Therefore, it is crucial to keep them safe and secure at all times. When it comes to storing your private keys, there are various options available. Hardware wallets offer a physical device that stores your keys offline, making them less vulnerable to hacking. In contrast, software wallets are online and can be more susceptible to security breaches. Additionally, paper wallets provide a physical copy of your keys that can be stored in a safe place...
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