What is cold storage?

Quickbit

Cold storage is when you store your funds offline, through the use of a paper wallet or something like a Ledger, or Trezoe. For security reasons, this is often the recommended way to store your funds, since hacking a cold storage unit is many times more difficult than an exchange, and often requires direct access to the device itself.

Was this helpful?

Sign up for early access

By signing up you confirm that you have read and consent to Quickbit's GDPR policy