Quick Steps To Truly Own Your Crypto

22 Nov 2022

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NGRAVE The first end-to-end security solution to manage your crypto.

Quick Steps To Truly Own Your Crypto

Hackers do not wait. If you urgently need to secure your crypto offline, here is a quick guide.

  • Article Quick Links:
  • Set up your hardware wallet:
  • Send crypto from the exchange or hot wallet to the hardware wallet:

Set up your hardware wallet:

  1. Get a hardware wallet. We recommend a wallet that allows you to generate your own Seed phrase like ZERO. The Coldest Wallet uses biometrics and anti-tampering technology. Here are some tips on choosing the best hardware wallet for your needs. 
  2. Generate your Seed phrase, store it safely and do not share it with anybody. Learn how to safely store your recovery Seed Phrase.
  3. Create new addresses in your hardware device for the coins you want to store offline. This way, you are sure that your private keys are not compromised as no other party had previous access to them. By securing your Seed correctly, no one could hack into it.
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Send crypto from the exchange or hot wallet to the hardware wallet:

  1. Go to the platform you have your coins in. Select the account you want to transfer from. Select send and insert the public key of the new address you created for that coin in your hardware device.
  2. Before sending large amounts, make a test transaction with a small amount to verify that everything is correct. Verify this by viewing the transaction history on your hardware wallet's mobile or desktop application. Whitelist your hardware wallet's address in the exchange or hot wallet you use to ensure safe transfers in the future.
  3. Once verified, send the total amount you want offline and repeat for the next coin, NFT, or exchange/hot wallet.
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The first end-to-end security solution to manage your crypto.
NGRAVE

NGRAVE is a digital asset security company and the creator of the world’s most secure cryptocurrency wallet, NGRAVE ZERO. NGRAVE ZERO was developed in collaboration with a world-renowned team of cryptography and security experts.