In 2019, a man named Joel Ortiz was sentenced to 10 years in prison for stealing over $7.5 million worth of cryptocurrency from people by hacking their phones and stealing their crypto exchange login details.
Crypto Exchange Steel Plate Wallets
Cold Storage for Crypto Exchange Login Data
Disconnect Your Crypto Exchange Login Data
Intelligent Cold Storage Wallet
Protecting your crypto exchange login information is crucial because it's the primary way you access and manage your cryptocurrency holdings. If someone gains access to your exchange account, they could potentially steal your funds or trade them without your knowledge, resulting in financial losses. Store login details on a cold wallet, detached from the internet.
In 2021, a man named Steven Nerayoff was charged with stealing over $34 million worth of cryptocurrency from a startup by gaining access to their computer system and stealing their crypto exchange login details.
Build a Stack of Cold Storage
Exchange Cold Wallet
Storing exchange login data in a cold storage wallet is crucial for safeguarding your cryptocurrency holdings against online threats and unauthorized access, ensuring the highest level of security for your digital assets.
Not Your Private Key, Not Your Crypto
First Step in Protecting Crypto Investments
After purchasing crypto on an exchange (Binance, Coinbase, Kraken, etc.) it is best practice to SEND the crypto to your own private hardware wallet or rather transfer the private key to your own hardware wallet with its own private key.
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Hardware wallets (Ledger, Trezor, Ellipal etc.), are offline storage devices that are not connected to the internet. This makes them much less vulnerable to hacking and other cyber threats compared to hot wallets, which are connected to the internet. By keeping your cryptocurrency in a cold wallet, you can significantly reduce the risk of losing your funds due to a security breach.
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Cold wallets are designed to be durable and resistant to physical damage. If you keep your cryptocurrency investments in a cold wallet, you can protect them against hardware failures such as hard drive crashes, which can cause you to lose access to your cryptocurrency.
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By moving your cryptocurrency investments to a cold wallet, you can have greater peace of mind knowing that your funds are safe and secure. This can be especially important if you hold a significant amount of cryptocurrency or if you plan to hold your investments for an extended period of time.
Smart Crypto Management
MALWARE RESISTANT
Malware can infect a user's computer or smartphone and steal sensitive information such as login credentials, private keys, and other personal information. This information can then be used by the hacker to gain access to the user's exchange account and steal their cryptocurrency. Store your login details on Black Seed Ink's Crypto Exchange Wallets.
Steel Master Password Wallet
Steel Passphrase Wallet
Etching Tip
To minimize errors, first write your data on the steel plate with a pencil. Second, trace over the penciled text with the tungsten scribe included in every order.