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How to Safely Store Bitcoin, Ethereum, and Other Cryptocurrencies

June 3, 2025

Keeping your cryptocurrencies secure is more important than ever in today’s growing digital finance landscape. Whether you’re holding Bitcoin (BTC), Ethereum (ETH), or any altcoins, your first step should be learning how to safely store crypto. In this guide, we’ll show you how to protect your digital assets using tools like non-custodial wallets—including how to get started with Trust Wallet.


What Is a Non-Custodial Wallet?

A non-custodial wallet is a type of crypto wallet where you control your private keys. This means only you can access your crypto funds—unlike custodial wallets managed by exchanges or third parties.

Benefits of Non-Custodial Wallets:

  • Full ownership of your assets
  • Private keys stored locally on your device
  • Greater security against centralized exchange hacks
  • More privacy and reduced KYC requirements

Why Trust Wallet?

Trust Wallet is a free, decentralized, non-custodial wallet that supports over 100 blockchains and millions of tokens—including BTC, ETH, BNB, and even NFTs.

Features That Make Trust Wallet Stand Out:

  • Beginner-friendly interface
  • Supports multiple cryptocurrencies and NFTs
  • Built-in DEX (Decentralized Exchange) for token swaps
  • Staking options to earn passive income
  • No custodial risk—you hold your keys

How to Store Crypto Safely

Storing crypto goes beyond just choosing a wallet. Here are essential tips to protect your assets:


1. Use Cold Storage for Long-Term Holdings

  • Cold wallets are offline storage solutions such as hardware wallets (e.g., Ledger, Trezor) or paper wallets.
  • Best for large amounts and long-term holding.
  • Immune to online hacks.

2. Use Hot Wallets for Daily Transactions

  • Hot wallets (like Trust Wallet or MetaMask) are internet-connected and ideal for quick access.
  • Keep only the amount you need for trading or spending.
  • Transfer the rest to cold storage.

3. Backup Your Wallet

  • Secure your recovery phrase (also called seed phrase).
  • Write it down—never store it on cloud services or unsecured devices.
  • Keep multiple backups in fireproof or waterproof locations.

4. Keep Software Updated

  • Regularly update your wallet app to patch any security vulnerabilities.
  • Update your device’s operating system and antivirus tools as well.

Crypto Security Best Practices

Use Strong Passwords

  • Create unique and complex passwords for all crypto-related apps and exchanges.
  • Use a password manager like Bitwarden or 1Password.

Enable Two-Factor Authentication (2FA)

  • Use Google Authenticator or Authy instead of SMS-based 2FA.
  • Apply 2FA to wallets, exchanges, and email accounts linked to crypto activity.

Store Private Keys Securely

  • Do not share your private keys with anyone.
  • Store them offline in secure locations.
  • Consider using hardware wallets for added safety.

How to Use Trust Wallet (Step-by-Step)

Getting started with Trust Wallet is easy. Follow these steps to begin:

Step 1: Download the App

  • Available for iOS and Android in the App Store or Google Play.

Step 2: Create a New Wallet

  • Open the app → tap “Create New Wallet”
  • Set a secure passcode

Step 3: Backup Your Recovery Phrase

  • Write down the 12-word recovery phrase
  • Store it in a secure offline location

Step 4: Receive Crypto

  • Tap “Receive” on the home screen
  • Select the cryptocurrency (e.g., Bitcoin or Ethereum)
  • Copy the wallet address or scan the QR code

How to Receive BTC from an Exchange to Trust Wallet

Want to move Bitcoin from an exchange like Binance or Coinbase?

  1. Open Trust Wallet
  2. Tap Receive
  3. Select Bitcoin (BTC)
  4. Copy your wallet address
  5. Paste it into your exchange withdrawal form

Your BTC will arrive after network confirmations.


Final Thoughts: Secure Your Crypto for the Future

Understanding how to store Bitcoin, Ethereum, and other digital assets securely is essential. Whether you’re investing long-term or trading short-term, using tools like Trust Wallet puts security and control in your hands.

Summary Checklist:

  • Use a non-custodial wallet
  • Enable 2FA and use strong passwords
  • Backup your recovery phrase
  • Use cold storage for large holdings
  • Regularly update software and firmware

By following these tips, you can safely store your crypto and confidently navigate the world of decentralized finance (DeFi).


Here is list of Top 8 Crypto Wallets