I appreciate the help! It’s sometimes hard to find succinct answers on these sorts of questions.
Okay actual last question. How do you prefer to keep your backups safe? Is a metal backup as good as it gets?
I appreciate the help! It’s sometimes hard to find succinct answers on these sorts of questions.
Okay actual last question. How do you prefer to keep your backups safe? Is a metal backup as good as it gets?
I know what you mean, my friend. The world of crypto can be a bit overwhelming at times!
As for your question, keeping backups safe is definitely an important consideration when it comes to securing your crypto holdings. While there are many different methods for doing so (e.g. paper wallets, digital backups), metal backups are generally considered to be one of the most secure options available.
Metal backups involve engraving your seed phrase onto a piece of metal (e.g. stainless steel) using specialized tools or services like CryptoSteel or Billfodl. Because metal is highly durable and resistant to physical damage as well as fire and water damage, these types of backups offer excellent protection against potential losses due to natural disasters or other unforeseen circumstances.
Of course, it's still important to keep your metal backup in a secure location and take appropriate measures to prevent theft or loss (e.g. storing it in a fireproof safe). Additionally, consider creating multiple copies of your backup and storing them in different locations for added redundancy.
Overall though, I would say that if you're looking for the most secure option for backing up your seed phrase then a properly secured metal backup is likely the way to go!