Selecting how to hold assets.
WHAT TO DECIDE FIRST
Whether you want custody, or want a service to hold it.
WHAT CUSTODY MEANS
Full control and full responsibility.
WHAT TO CONSIDER
Amount held Frequency of use Technical confidence Consequences of loss
WHAT TO USE FOR SMALL ACTIVE AMOUNTS
A reputable mobile or browser wallet.
WHAT TO USE FOR ANYTHING SIGNIFICANT
A hardware wallet.
WHAT TO VERIFY BEFORE INSTALLING ANY WALLET
The official source, reached from the project's own site Reviews and history Whether it is open source and audited
WHAT TO AVOID
Wallets promoted through advertisements Wallets with similar names to established ones Wallets requiring a phrase you did not generate
WHAT MULTI-NETWORK WALLETS PROVIDE
Convenience across networks.
WHAT THEY RISK
A single compromise affecting everything.
WHAT TO CONSIDER
Separate wallets for separate purposes.
WHAT TO CHECK
That the wallet supports the networks and assets you need That recovery works with standard phrases
WHY THAT SECOND POINT
Non-standard recovery locks you to that wallet permanently.
WHAT TO TEST
Recovery, before holding anything significant.
