Where to store the cryptocurrency you've invested


Cryptocurrency coins and tokens are digital, and once you bought them, the next problem is where do you store them.

Cryptocurrency Exchanges

I wouldn't recommend this, as exchanges are not dedicated crypto wallet or safekeeping systems. In fact, there is a specific event referred to the "Mt Gox" (an exchange) which shut down and investors lost a lot of bitcoins.

My Ether Wallet (MEW)

Ethereum coins and tokens can be stored in your My Ether Wallet (MEW) - it's free to download and use.

Special Cryptocurrency-Specific Digital Wallets

Certain cryptocurrency may have their own digital wallets, which can be stored on desktops or even in private servers

Special Hard/Physical/Offline Wallets

Trezor, Nano and Ledger

Paper Keys

This is done by printing all your private keys of your wallets, exchanges, everything into hard copy paper, stored in safe. With at least 2-3 copies.

Where to next?

  1. Head to Home Page

  2. Read the Core Articles, Popular Articles and my 21 Days To Financial Makeover

  3. Contact me by email at (even just to say hi) nigel@nigelchua.com

  4. See the latest articles and updates at the blog

  5. Check out all the resources and tools I use

  6. See my top two resources for online business below: Wealthy Affiliate (left) and Solo Build It (right) - both have very specific strengths and functions

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I've been a premium member of Wealthy Affiliate since 2015 and there are a number of pros to be with them, which you can read at my Wealthy Affiliate review here.

One of my favorite points of WA is that they have a try-before-you-buy forever-free membership which you can sign up here for free. No credit card needed.

solo build it (sbi): #1 for offline businesses local search engine ranking, traffic and lead generation

Solo Build It (SBI) is my #1 tool for local search engine optimization (SEO) domination as well for online marketing which I've been using since 2010 personally for multiple projects.

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