Crypto Cold Storage Seed Backup. A hardware wallet is an electronic device. When it comes to cryptos, hot and cold storages refer to the wallets that hold them.
Your seed phrase can be written on paper and stored safely. Crypto key stack received the highest marks on a recent comprehensive review of all popular cold storage devices. The first item we will need is a tool for cold storage.
The best method of storing your recovery seed is by actually writing it down on a piece of paper and storing it away somewhere safe, like a deposit box.
Bitcoin cold storage might sound like storing your cryptocurrency inside of a fridge, but the reality is quite different. This second generation backup from cryptosteel is made from stainless steel (grade 304). It could be etched into a card size piece of metal. Hardware wallets are the most robust cold storage option for cryptocurrencies.