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How to Safely Store Cryptocurrency

Looking for the best way to safeguard your crypto? Here's a guide to the different types of cryptocurrency storage.

By Lyle DalyUpdated Sep 8, 2025 at 9:29 AM | Fact-checked by Margo Winton Parodi

Key Points

  • Consider using custodial wallets for convenience but understand they are controlled by third parties.
  • Invest in a cold wallet for secure offline storage, especially for larger crypto amounts.
  • Use hot wallets for small, easily accessible crypto funds despite the risk of online hacks.

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