Responsibility for the security of cryptocurrencies generally rests with investors. Users must decide how to keep their cryptocurrencies as safe as possible while still being able to access them. We have mentioned steps below to set up Bitcoin cold storage wallet

Steps to set up Bitcoin cold storage wallet

Steps to set up a hosted wallet

Steps to set up a non-custodial wallet

Final Words

So here we conclude our article on how to set up Bitcoin cold storage wallet. Bitcoin can be divided into smaller units known as “stashes” (up to 8 decimal places) and used for payments, but it’s also considered a store of value like gold. This is because the price of a single bitcoin has increased considerably since its inception from less than a cent to tens of thousands of dollars. When discussed as a market asset, bitcoin is represented by the ticker symbol BTC.

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